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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
−61.60%
3d Period Avg+6.13%
swing±33.22%
LONG QFEX · now
+6.37%
3d avg:+1.80%
SHORT Lighter · now
−55.23%
3d avg:+7.93%
Entry Spread Now
+0.067%
Eaten by executionL 238.8100 · S 238.9700+$6.70 if it converges
24h range −0.74%…+0.32% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$22.45
−0.22%
$Avg Daily PnL
+$1.68
+0.0168%
★Best Day
+$4.99
Sep 25
◎Open Interest
⚡Funding APR
+6.12%
annualized · funding only
⚠Execution Cost
−$27.48
entry + exit fees
⏱Payback
16.4d
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 (−$27.48 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.