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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~5.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+17.53%
7d Period Avg−1.31%
swing±13.20%
LONG Lighter Robinhood · nowAMD-USDG
−17.53%
7d avg:+5.50%
SHORT QFEX · now
+0.00%
7d avg:+4.19%
Entry Spread Now
−0.038%
Against youL ask 631.6200 · S bid 631.3800−$3.80 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
−$28.43
−0.28%
$Avg Daily PnL
−$0.36
−0.0036%
★Best Day
+$0.71
Sep 22
◎Open Interest
⚡Funding APR
−1.31%
annualized · funding only
⚠Execution Cost
−$25.91
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 (−$25.91 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.