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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−3.51%
7d Period Avg−0.09%
swing±2.88%
LONG Lighter Robinhood · nowSPCX-USDG
+3.51%
7d avg:+3.51%
SHORT QFEX · nowSPCX-USD
+0.00%
7d avg:+3.42%
Entry Spread Now
−0.026%
Eaten by executionL 149.5100 · S 149.4704−$2.65 if it converges
24h range −0.20%…+0.03% · median −0.02%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.050%/taker0.100%
Loading Funding History…
↗Total PnL
−$23.16
−0.23%
$Avg Daily PnL
−$0.02
−0.0002%
★Best Day
+$0.93
Sep 24
◎Open Interest
⚡Funding APR
−0.09%
annualized · funding only
⚠Execution Cost
−$22.99
entry + exit fees
⏱Payback
never
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 (−$22.99 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.