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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 ~1.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+29.63%
3d Period Avg−3.80%
swing±10.42%
LONG Lighter Robinhood · nowSOL-USDG
−24.54%
3d avg:+13.34%
SHORT Ondo · nowSOL-USD.P
+5.08%
3d avg:+9.54%
Entry Spread Now
−0.001%
NeutralL ask 121.4010 · S bid 121.4000
24h range −0.16%…+0.15% · median −0.00%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$18.28
−0.18%
$Avg Daily PnL
−$1.04
−0.0104%
★Best Day
+$0.43
Sep 26
◎Open Interest
⚡Funding APR
−3.80%
annualized · funding only
⚠Execution Cost
−$15.15
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 + live L2 orderbook slippage on both legs (−$15.15 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.