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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 ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+103.00%
30d Period Avg−0.03%
swing±8.08%
LONG Binance Futures · now
+10.96%
30d avg:+10.94%
SHORT Lighter · now
+113.96%
30d avg:+10.91%
Entry Spread Now
+0.161%
In your favorL 0.08153 · S 0.08166+$16.10 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
−$10.25
−0.10%
$Avg Daily PnL
−$0.01
−0.0001%
★Best Day
+$3.11
Sep 27
◎Open Interest
⚡Funding APR
−0.03%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
never
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.