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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 ~22d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.52%
3d Period Avg+5.65%
swing±14.57%
LONG QFEX · now
+0.00%
3d avg:+2.87%
SHORT Ondo · nowSNDK-USD.P
+5.52%
3d avg:+8.52%
Entry Spread Now
−0.122%
Against youL ask 1,595.15 · S bid 1,593.2−$12.22 at entry
24h range −0.29%…+0.35% · median −0.09%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$29.25
−0.29%
$Avg Daily PnL
+$1.55
+0.0155%
★Best Day
+$4.03
Oct 10
◎Open Interest
⚡Funding APR
+5.65%
annualized · funding only
⚠Execution Cost
−$33.89
entry + exit fees
⏱Payback
21.9d
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 (−$33.89 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.