← Back to Screener
updated —TSLA Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~78d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.54%
3d Period Avg+2.79%
swing±1.71%
LONG Pionex · nowTSLAX_USDT_PERP
+2.96%
3d avg:+0.92%
SHORT Lighter · now
+3.51%
3d avg:+3.71%
Entry Spread Now
+1.947%
In your favorL ask 389.2300 · S bid 396.8100+$194.74 at entry
24h range −0.91%…+1.00% · median −0.16%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$9.22
−0.09%
$Avg Daily PnL
+$0.77
+0.0077%
★Best Day
+$0.72
Nov 13
◎Open Interest
Pionex$1.48M
Lighter$3.48M⚡Funding APR
+2.80%
annualized · funding only
⚠Execution Cost
−$11.52
entry + exit fees
⏱Payback
15.0d
to break even
◧24h Volume
Pionex$2.47MLighter$8.82MLoading 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 (−$11.52 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.