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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
−70.13%
7d Period Avg+12.22%
swing±10.95%
LONG QFEX · now
+0.00%
7d avg:+4.02%
SHORT Lighter · now
−70.13%
7d avg:+16.24%
Entry Spread Now
−0.100%
Against youL ask 249.1000 · S bid 248.8510−$10.00 at entry
24h range −0.27%…+0.25% · median −0.02%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$5.17
−0.05%
$Avg Daily PnL
+$3.35
+0.0335%
★Best Day
+$6.13
Sep 21
◎Open Interest
⚡Funding APR
+12.21%
annualized · funding only
⚠Execution Cost
−$28.59
entry + exit fees
⏱Payback
8.6d
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 (−$28.59 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.