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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
−19.93%
3d Period Avg+10.01%
swing±33.38%
LONG QFEX · now
+12.04%
3d avg:+2.18%
SHORT Lighter · now
−7.89%
3d avg:+12.19%
Entry Spread Now
+0.104%
Eaten by executionL 88.2200 · S 88.3120+$10.43 if it converges
24h range −0.56%…+0.34% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$17.44
−0.17%
$Avg Daily PnL
+$2.74
+0.0274%
★Best Day
+$5.16
Sep 25
◎Open Interest
⚡Funding APR
+10.00%
annualized · funding only
⚠Execution Cost
−$25.66
entry + exit fees
⏱Payback
9.4d
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 (−$25.66 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.