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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%
7d Period Avg+4.31%
swing±12.60%
LONG QFEX · now
+0.00%
7d avg:+3.43%
SHORT Ondo · nowSNDK-USD.P
+5.52%
7d avg:+7.74%
Entry Spread Now
−0.120%
Against youL ask 1,597.61 · S bid 1,595.7−$11.96 at entry
24h range −0.29%…+0.35% · median −0.08%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$25.43
−0.25%
$Avg Daily PnL
+$1.18
+0.0118%
★Best Day
+$4.03
Oct 10
◎Open Interest
⚡Funding APR
+4.31%
annualized · funding only
⚠Execution Cost
−$33.69
entry + exit fees
⏱Payback
28.6d
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 (−$33.69 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.