← Back to Screener
updated —SKHY Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−145.52%
7d Period Avg+11.54%
swing±61.21%
LONG Variational · now
+0.00%
7d avg:−14.48%
SHORT Lighter Robinhood · nowSKHY-USDG
−145.52%
7d avg:−2.94%
Entry Spread Now
−0.131%
Against youL 127.5665 · S 127.4000−$13.05 if it converges
24h range −0.30%…+0.29% · median −0.10%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$16.82
+0.17%
$Avg Daily PnL
+$3.02
+0.0302%
★Best Day
+$17.11
Nov 8
◎Open Interest
Variational$1.26M
Lighter Robinhood$1.20M⚡Funding APR
+11.02%
annualized · funding only
⚠Execution Cost
−$4.32
entry + exit fees
⏱Payback
1.4d
to break even
◧24h Volume
Variational$870.2KLighter Robinhood$1.07MLoading 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 (−$4.32 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.