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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg−0.57%
swing±11.00%
LONG Lighter Robinhood · nowSOXL-USDG
+3.51%
3d avg:+10.82%
SHORT Lighter · now
+3.51%
3d avg:+10.25%
Entry Spread Now
+0.010%
NeutralL 100.2100 · S 100.2200
24h range −0.12%…+0.15% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$0.43
+0.00%
$Avg Daily PnL
−$0.14
−0.0014%
★Best Day
+$0.59
Oct 26
◎Open Interest
⚡Funding APR
−0.52%
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.