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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
−37.81%
3d Period Avg−0.06%
swing±23.43%
LONG QFEX · now
−6.02%
3d avg:+0.00%
SHORT Lighter · now
−43.83%
3d avg:−0.06%
Entry Spread Now
−0.122%
Against youL 189.2800 · S 189.0500−$12.15 if it converges
24h range −0.44%…+0.16% · median −0.04%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$19.54
−0.20%
$Avg Daily PnL
+$0.15
+0.0015%
★Best Day
+$0.76
Sep 26
◎Open Interest
⚡Funding APR
+0.55%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
4.4mo
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.