← 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 ~4.8d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+9.47%
7d Period Avg+8.95%
swing±16.06%
LONG Ondo · nowQQQ-USD.P
−74.34%
7d avg:−5.18%
SHORT Lighter · now
−64.87%
7d avg:+3.77%
Entry Spread Now
+0.052%
In your favorL ask 742.2600 · S bid 742.6500+$5.25 at entry
24h range +0.06%…+0.19% · median +0.13%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.035%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$5.47
+0.05%
$Avg Daily PnL
+$2.57
+0.0257%
★Best Day
+$6.97
Sep 21
◎Open Interest
Ondo$4.18M
Lighter$5.91M⚡Funding APR
+9.39%
annualized · funding only
⚠Execution Cost
−$12.53
entry + exit fees
⏱Payback
4.9d
to break even
◧24h Volume
Ondo$210.5KLighter$3.53MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$12.53 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.