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updated —QQQ Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+64.38%
3d Period Avg+66.07%
swing±54.38%
LONG NADO · nowQQQ-PERP
−23.21%
3d avg:−21.96%
SHORT edgeX V2 · now
+41.17%
3d avg:+44.11%
Entry Spread Now
−0.033%
Against youL ask 675.9400 · S bid 675.7200−$3.25 at entry
24h range −0.13%…+0.13% · median −0.05%
Long pays every1hShort pays every4h
LONGmaker0.010%/taker0.035%SHORTmaker0.018%/taker0.038%
Loading Funding History…
↗Total PnL
+$18.16
+0.18%
$Avg Daily PnL
+$18.19
+0.1819%
★Best Day
+$24.27
Nov 13
◎Open Interest
⚡Funding APR
+66.40%
annualized · funding only
⚠Execution Cost
−$36.42
entry + exit fees
⏱Payback
2.0d
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 (−$36.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.