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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 ~0.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+170.50%
3d Period Avg+8.44%
swing±36.68%
LONG Binance Futures · now
+10.96%
3d avg:+10.96%
SHORT Lighter · now
+181.46%
3d avg:+19.40%
Entry Spread Now
+2.260%
In your favorL 0.08245 · S 0.08431+$226.00 if it converges
24h range −0.67%…+3.06% · median +0.02%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$25.71
−0.26%
$Avg Daily PnL
+$2.18
+0.0218%
★Best Day
+$4.82
Sep 27
◎Open Interest
⚡Funding APR
+7.94%
annualized · funding only
⚠Execution Cost
−$32.24
entry + exit fees
⏱Payback
14.8d
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 (−$32.24 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.