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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 ~25d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.52%
7d Period Avg+8.19%
swing±19.49%
LONG QFEX · now
+0.00%
7d avg:+3.14%
SHORT Ondo · nowCRCL-USD.P
+5.52%
7d avg:+11.33%
Entry Spread Now
−0.058%
Against youL ask 85.9000 · S bid 85.8500−$5.82 at entry
24h range −0.30%…+0.28% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$21.45
−0.21%
$Avg Daily PnL
+$2.24
+0.0224%
★Best Day
+$7.41
Oct 4
◎Open Interest
⚡Funding APR
+8.18%
annualized · funding only
⚠Execution Cost
−$37.14
entry + exit fees
⏱Payback
16.6d
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 (−$37.14 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.