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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+23.23%
7d Period Avg+12.46%
swing±15.74%
LONG Lighter · now
−12.27%
7d avg:−2.69%
SHORT Aster · now
+10.96%
7d avg:+9.77%
Entry Spread Now
+0.024%
Eaten by executionL 4,181.86 · S 4,182.88+$2.44 if it converges
24h range −0.00%…+0.13% · median +0.06%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
+$16.16
+0.16%
$Avg Daily PnL
+$3.45
+0.0345%
★Best Day
+$5.95
Sep 28
◎Open Interest
⚡Funding APR
+12.60%
annualized · funding only
⚠Execution Cost
−$8.00
entry + exit fees
⏱Payback
2.3d
to break even
◧24h Volume
Loading 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 (−$8.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.