← Back to Screener
updated —GOOGL Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+28.05%
7d Period Avg+6.17%
swing±17.77%
LONG QFEX · now
+0.00%
7d avg:+0.77%
SHORT Lighter Robinhood · nowGOOGL-USDG
+28.05%
7d avg:+6.94%
Entry Spread Now
−0.031%
Against youL ask 294.0900 · S bid 294.0000−$3.06 at entry
24h range −0.24%…+0.17% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$11.63
−0.12%
$Avg Daily PnL
+$1.69
+0.0169%
★Best Day
+$4.51
Nov 9
◎Open Interest
QFEX$1.28M
Lighter Robinhood$5.42M⚡Funding APR
+6.17%
annualized · funding only
⚠Execution Cost
−$23.46
entry + exit fees
⏱Payback
13.9d
to break even
◧24h Volume
QFEX$3.52MLighter Robinhood$15.43MLoading 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 (−$23.46 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.