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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−1.18%
3d Period Avg+7.11%
swing±21.15%
LONG QFEX · now
+4.69%
3d avg:+0.37%
SHORT Lighter Robinhood · nowPLTR-USDG
+3.51%
3d avg:+7.48%
Entry Spread Now
−0.012%
NeutralL 189.6700 · S 189.6470
24h range −0.43%…+0.76% · median −0.05%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$14.17
−0.14%
$Avg Daily PnL
+$1.94
+0.0194%
★Best Day
+$4.22
Sep 27
◎Open Interest
⚡Funding APR
+7.10%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
10.3d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.