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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
−17.00%
3d Period Avg−9.41%
swing±30.15%
LONG Lighter Robinhood · nowINTC-USDG
+24.54%
3d avg:+11.29%
SHORT QFEX · now
+7.55%
3d avg:+1.88%
Entry Spread Now
−0.154%
Against youL 123.7300 · S 123.5400−$15.36 if it converges
24h range −0.56%…+0.84% · median −0.07%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.050%/taker0.100%
Loading Funding History…
↗Total PnL
−$32.79
−0.33%
$Avg Daily PnL
−$2.58
−0.0258%
★Best Day
+$0.47
Sep 25
◎Open Interest
⚡Funding APR
−9.40%
annualized · funding only
⚠Execution Cost
−$25.06
entry + exit fees
⏱Payback
never
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 (−$25.06 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.