← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~83d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.44%
7d Period Avg+11.59%
swing±61.00%
LONG Lighter · now
+10.52%
7d avg:+10.08%
SHORT Binance Futures · now
+10.96%
7d avg:+21.67%
Entry Spread Now
+0.129%
In your favorL 0.3688 · S 0.3693+$12.89 if it converges
24h range −1.32%…+0.93% · median +0.02%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$13.96
+0.14%
$Avg Daily PnL
+$3.42
+0.0342%
★Best Day
+$10.81
Oct 7
◎Open Interest
Lighter$1.11M
Binance Futures$35.62M⚡Funding APR
+12.49%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
2.9d
to break even
◧24h Volume
Lighter$725.7KBinance Futures$35.34MLoading 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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.