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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 ~9.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+11.11%
30d Period Avg+11.24%
swing±0.64%
LONG QFEX · now
−0.15%
30d avg:−0.28%
SHORT TxFlow · now
+10.96%
30d avg:+10.96%
Entry Spread Now
−0.028%
Eaten by executionL 1,602.62 · S 1,602.17−$2.82 if it converges
24h range −0.22%…+0.15% · median −0.02%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0.015%/taker0.045%
Limited funding history — chart clipped to available data
- QFEX (Long): data starts Sep 7, 2026 (17d available out of 30d requested)
- TxFlow (Short): data starts Sep 21, 2026 (3d available out of 30d requested)
KPIs (Total PnL, APR, Win Rate) calculated only over the available data range.
Sparse settlements: long 58%, short 12% of expected. KPIs may be noisy.
Loading Funding History…
↗Total PnL
−$13.62
−0.14%
$Avg Daily PnL
+$0.85
+0.0085%
★Best Day
+$3.11
Sep 22
◎Open Interest
⚡Funding APR
+3.12%
annualized · funding only
⚠Execution Cost
−$29.00
entry + exit fees
⏱Payback
1.1mo
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 (−$29.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.