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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 ~21d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.51%
7d Period Avg+1.26%
swing±4.76%
LONG QFEX · now
+0.00%
7d avg:+2.63%
SHORT Lighter Robinhood · nowCOIN-USDG
+3.51%
7d avg:+3.89%
Entry Spread Now
−0.121%
Against youL 195.8063 · S 195.5700−$12.07 if it converges
24h range −0.32%…+0.21% · median +0.03%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$17.58
−0.18%
$Avg Daily PnL
+$0.35
+0.0035%
★Best Day
+$1.36
Sep 27
◎Open Interest
⚡Funding APR
+1.26%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.9mo
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.