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updated —ORCL Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.51%
3d Period Avg+2.40%
swing±6.19%
LONG Variational · now
+0.00%
3d avg:+2.13%
SHORT Lighter Robinhood · nowORCL-USDG
+3.51%
3d avg:+4.53%
Entry Spread Now
−0.017%
NeutralL 123.6215 · S 123.6000
24h range −0.59%…+0.58% · median −0.05%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$2.04
+0.02%
$Avg Daily PnL
+$0.68
+0.0068%
★Best Day
+$1.13
Nov 13
◎Open Interest
Variational$639.7K
Lighter Robinhood$502.1K⚡Funding APR
+2.48%
annualized · funding only
⚠Execution Cost
+$0.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Variational$290.4KLighter Robinhood$382.1KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (+$0.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.