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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−263.86%
7d Period Avg+16.70%
swing±29.26%
LONG QFEX · now
+0.00%
7d avg:+3.96%
SHORT Lighter · now
−263.86%
7d avg:+20.66%
Entry Spread Now
−0.309%
Against youL 124.1049 · S 123.7220−$30.85 if it converges
24h range −0.83%…+0.54% · median +0.06%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$12.01
+0.12%
$Avg Daily PnL
+$4.57
+0.0457%
★Best Day
+$8.21
Sep 21
◎Open Interest
⚡Funding APR
+16.69%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
4.4d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.