← Back to Screener
updated —WTI 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
−1.30%
7d Period Avg+49.29%
swing±53.37%
LONG Lighter · now
+3.51%
7d avg:−44.06%
SHORT Phemex · nowXTIUSDT
+2.21%
7d avg:+5.23%
Entry Spread Now
+0.332%
In your favorL 87.5390 · S 87.8300+$33.24 if it converges
24h range +0.09%…+0.65% · median +0.35%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
+$72.63
+0.73%
$Avg Daily PnL
+$12.28
+0.1228%
★Best Day
+$26.10
Nov 9
◎Open Interest
Lighter$3.51M
Phemex$942.6K⚡Funding APR
+44.84%
annualized · funding only
⚠Execution Cost
−$13.36
entry + exit fees
⏱Payback
1.1d
to break even
◧24h Volume
Lighter$7.53MPhemex$88.0KLoading 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 (−$13.36 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.