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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
−50.63%
7d Period Avg+2.01%
swing±26.65%
LONG RiseX · nowNVDA-PERP
+50.63%
7d avg:+0.98%
SHORT QFEX · now
+0.00%
7d avg:+2.99%
Entry Spread Now
−0.160%
Against youL ask 212.7200 · S bid 212.3800−$15.98 at entry
24h range −0.39%…+0.82% · median −0.13%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.030%SHORTmaker0.050%/taker0.100%
Loading Funding History…
↗Total PnL
−$27.53
−0.28%
$Avg Daily PnL
+$0.55
+0.0055%
★Best Day
+$3.28
Oct 17
◎Open Interest
⚡Funding APR
+2.01%
annualized · funding only
⚠Execution Cost
−$31.38
entry + exit fees
⏱Payback
1.9mo
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 (−$31.38 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.