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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 ~24d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.52%
7d Period Avg+2.63%
swing±2.20%
LONG QFEX · now
+0.00%
7d avg:+2.78%
SHORT Ondo · nowMSFT-USD.P
+5.52%
7d avg:+5.41%
Entry Spread Now
−0.067%
Against youL ask 534.7300 · S bid 534.3700−$6.73 at entry
24h range −0.14%…−0.02% · median −0.07%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$31.67
−0.32%
$Avg Daily PnL
+$0.72
+0.0072%
★Best Day
+$1.51
Oct 4
◎Open Interest
⚡Funding APR
+2.63%
annualized · funding only
⚠Execution Cost
−$36.72
entry + exit fees
⏱Payback
1.7mo
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 (−$36.72 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.