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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~0.3d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+520.87%
7d Period Avgβ17.92%
swingΒ±160.93%
LONG Lighter Β· nowSKHYNIXUSD-USDC
β819.62%
7d avg:+44.60%
SHORT Aster Β· nowSKHYNIXUSD1
β298.75%
7d avg:+26.68%
Entry Spread Now
+0.193%
In your favorL ask 864.9330 Β· S bid 866.6000+$19.27 at entry
24h range β0.34%β¦+0.41% Β· median +0.06%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.040%
Loading Funding Historyβ¦
βTotal PnL
β$94.82
β0.95%
$Avg Daily PnL
β$7.32
β0.0732%
β
Best Day
+$4.39
Oct 12
βOpen Interest
Lighter$3.21M
Aster$12.46Mβ‘Funding APR
β26.71%
annualized Β· funding only
β Execution Cost
β$43.60
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Lighter$1.38MAster$12.37MLoading Cumulative PnLβ¦
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 (β$43.60 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.