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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
−203.37%
7d Period Avg+13.50%
swing±21.89%
LONG QFEX · now
+0.00%
7d avg:+3.63%
SHORT Lighter · now
−203.37%
7d avg:+17.13%
Entry Spread Now
−0.063%
Eaten by executionL 62.8214 · S 62.7820−$6.28 if it converges
24h range −0.57%…+0.29% · median +0.12%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$2.09
−0.02%
$Avg Daily PnL
+$3.70
+0.0370%
★Best Day
+$7.73
Sep 25
◎Open Interest
⚡Funding APR
+13.49%
annualized · funding only
⚠Execution Cost
−$27.96
entry + exit fees
⏱Payback
7.6d
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 + fees only (orderbook snapshot stale) on both legs (−$27.96 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.