← Back to Screener
updated —UNI Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg+12.15%
swing±11.97%
LONG Lighter · now
+0.00%
3d avg:+5.60%
SHORT Backpack · nowUNI_USDC_PERP
+10.96%
3d avg:+17.75%
Entry Spread Now
−0.009%
NeutralL 5.5054 · S 5.5049
24h range −0.28%…+0.35% · median +0.06%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$0.02
+0.00%
$Avg Daily PnL
+$3.33
+0.0333%
★Best Day
+$5.61
Nov 13
◎Open Interest
Lighter$683.9K
Backpack$737.1K⚡Funding APR
+12.14%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
3.0d
to break even
◧24h Volume
Lighter$1.20MBackpack$631.7KLoading 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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.