← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~8.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.01%
3d Period Avg+13.06%
swing±4.14%
LONG Coinbase International · nowXRP-PERP
+3.51%
3d avg:−2.59%
SHORT Lighter Robinhood · nowXRP-USDG
+10.52%
3d avg:+10.47%
Entry Spread Now
−0.059%
Against youL ask 1.5124 · S bid 1.5115−$5.95 at entry
24h range −0.20%…+0.11% · median −0.03%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.040%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$6.03
−0.06%
$Avg Daily PnL
+$3.58
+0.0358%
★Best Day
+$4.58
Sep 25
◎Open Interest
Coinbase International$4.68M
Lighter Robinhood$655.6K⚡Funding APR
+13.05%
annualized · funding only
⚠Execution Cost
−$16.76
entry + exit fees
⏱Payback
4.7d
to break even
◧24h Volume
Coinbase International$14.46MLighter Robinhood$3.59MLoading 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 (−$16.76 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.