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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
−156.91%
7d Period Avg+12.26%
swing±24.18%
LONG QFEX · now
+0.00%
7d avg:+4.07%
SHORT Lighter · now
−156.91%
7d avg:+16.33%
Entry Spread Now
−0.209%
Against youL 89.0167 · S 88.8310−$20.86 if it converges
24h range −0.51%…+0.34% · median +0.00%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$1.00
−0.01%
$Avg Daily PnL
+$3.36
+0.0336%
★Best Day
+$7.60
Sep 21
◎Open Interest
⚡Funding APR
+12.26%
annualized · funding only
⚠Execution Cost
−$24.51
entry + exit fees
⏱Payback
7.3d
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 (−$24.51 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.