← Back to Screener
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
+8.77%
3d Period Avg+0.10%
swing±3.02%
LONG Lighter Robinhood · nowXAU-USDG
+5.26%
3d avg:+5.22%
SHORT Lighter · now
+14.03%
3d avg:+5.32%
Entry Spread Now
+0.021%
In your favorL 4,016.06 · S 4,016.92+$2.14 if it converges
24h range −0.02%…+0.03% · median +0.00%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$0.08
+0.00%
$Avg Daily PnL
+$0.03
+0.0003%
★Best Day
+$0.30
Oct 29
◎Open Interest
Lighter Robinhood$9.63M
Lighter$12.70M⚡Funding APR
+0.10%
annualized · funding only
⚠Execution Cost
+$0.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Lighter Robinhood$36.54MLighter$20.03MLoading 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.