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updated —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
−1.24%
3d Period Avg−5.21%
swing±15.60%
LONG Lighter Robinhood · nowAMD-USDG
+3.51%
3d avg:+6.90%
SHORT QFEX · now
+2.26%
3d avg:+1.69%
Entry Spread Now
−0.070%
Against youL ask 633.4500 · S bid 633.0100−$6.95 at entry
24h range −0.75%…+0.58% · median −0.04%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.050%/taker0.100%
Loading Funding History…
↗Total PnL
−$32.48
−0.32%
$Avg Daily PnL
−$1.43
−0.0143%
★Best Day
+$0.41
Sep 25
◎Open Interest
⚡Funding APR
−5.21%
annualized · funding only
⚠Execution Cost
−$28.20
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 + live L2 orderbook slippage on both legs (−$28.20 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.