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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
−132.37%
7d Period Avg+6.15%
swing±20.47%
LONG QFEX · now
+0.00%
7d avg:+4.19%
SHORT Lighter · now
−132.37%
7d avg:+10.34%
Entry Spread Now
−0.051%
Eaten by executionL 632.2121 · S 631.8900−$5.09 if it converges
24h range −0.56%…+0.75% · median +0.03%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$10.44
−0.10%
$Avg Daily PnL
+$1.68
+0.0168%
★Best Day
+$2.92
Sep 25
◎Open Interest
⚡Funding APR
+6.14%
annualized · funding only
⚠Execution Cost
−$22.22
entry + exit fees
⏱Payback
13.2d
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 (−$22.22 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.