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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
−198.11%
7d Period Avg+16.87%
swing±27.22%
LONG QFEX · now
+0.00%
7d avg:+3.37%
SHORT Lighter · now
−198.11%
7d avg:+20.24%
Entry Spread Now
−0.275%
Against youL 239.0782 · S 238.4200−$27.53 if it converges
24h range −0.74%…+0.32% · median +0.05%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$1.89
+0.02%
$Avg Daily PnL
+$4.62
+0.0462%
★Best Day
+$10.88
Sep 21
◎Open Interest
⚡Funding APR
+16.86%
annualized · funding only
⚠Execution Cost
−$30.44
entry + exit fees
⏱Payback
6.6d
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 (−$30.44 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.