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updated —STRC 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
+0.00%
3d Period Avg+37.68%
swing±32.38%
LONG Lighter · now
+0.00%
3d avg:−32.82%
SHORT Variational · now
+0.00%
3d avg:+4.86%
Entry Spread Now
+0.095%
In your favorL 99.6950 · S 99.7896+$9.49 if it converges
24h range +0.03%…+0.26% · median +0.10%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$25.43
+0.25%
$Avg Daily PnL
+$10.33
+0.1033%
★Best Day
+$15.65
Nov 13
◎Open Interest
Lighter$866.3K
Variational$5.42M⚡Funding APR
+37.70%
annualized · funding only
⚠Execution Cost
−$5.56
entry + exit fees
⏱Payback
13.0h
to break even
◧24h Volume
Lighter$616.1KVariational$893.7KLoading 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 (−$5.56 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.