← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−3.07%
3d Period Avg+1.53%
swing±5.31%
LONG Lighter · now
+3.51%
3d avg:+3.90%
SHORT TxFlow · now
+0.44%
3d avg:+5.43%
Entry Spread Now
−0.156%
Against youL ask 779.9400 · S bid 778.7200−$15.64 at entry
24h range −0.00%…+0.12% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$26.22
−0.26%
$Avg Daily PnL
+$0.42
+0.0042%
★Best Day
+$1.58
Oct 8
◎Open Interest
Lighter$6.18M
TxFlow$1.17M⚡Funding APR
+1.53%
annualized · funding only
⚠Execution Cost
−$27.48
entry + exit fees
⏱Payback
2.2mo
to break even
◧24h Volume
Lighter$3.56MTxFlow$787.6KLoading 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 (−$27.48 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.