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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 ~2.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+41.14%
3d Period Avg+11.03%
swing±16.43%
LONG WEEX · now
−4.94%
3d avg:+0.36%
SHORT Meridian · now
+36.20%
3d avg:+11.39%
Entry Spread Now
−0.318%
Against youL 676.4100 · S 674.2600−$31.79 if it converges
24h range −0.57%…+0.10% · median −0.16%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.080%SHORTmaker0%/taker0.030%
Loading Funding History…
↗Total PnL
−$12.88
−0.13%
$Avg Daily PnL
+$3.04
+0.0304%
★Best Day
+$5.06
Nov 14
◎Open Interest
WEEX$311.2K
Meridian$160.9K⚡Funding APR
+11.09%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
7.2d
to break even
◧24h Volume
WEEX$5.31MMeridian$161.8KLoading 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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.