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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.79%
3d Period Avg+15.12%
swing±10.37%
LONG Lighter Robinhood · nowSNDK-USDG
+6.14%
3d avg:+4.85%
SHORT Lighter · now
+28.93%
3d avg:+19.97%
Entry Spread Now
+0.017%
NeutralL 1,325.77 · S 1,325.99
24h range −0.02%…+0.12% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$12.42
+0.12%
$Avg Daily PnL
+$4.14
+0.0414%
★Best Day
+$3.88
Oct 28
◎Open Interest
⚡Funding APR
+15.11%
annualized · funding only
⚠Execution Cost
+$0.00
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 (+$0.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.