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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+9.64%
3d Period Avg+5.49%
swing±5.51%
LONG Lighter Robinhood · nowXAG-USDG
+7.01%
3d avg:+10.12%
SHORT Lighter · now
+16.66%
3d avg:+15.61%
Entry Spread Now
+0.008%
NeutralL 52.1236 · S 52.1279
24h range −0.02%…+0.07% · median +0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$4.51
+0.05%
$Avg Daily PnL
+$1.50
+0.0150%
★Best Day
+$1.96
Oct 29
◎Open Interest
⚡Funding APR
+5.49%
annualized · funding only
⚠Execution Cost
+$0.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Loading 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 (+$0.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.