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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 ~21d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.52%
7d Period Avg+4.70%
swing±4.12%
LONG QFEX · nowSPCX-USD
+0.00%
7d avg:+1.04%
SHORT Ondo · nowSPCX-USD.P
+5.52%
7d avg:+5.74%
Entry Spread Now
−0.076%
Eaten by executionL 163.7311 · S 163.6066−$7.61 if it converges
24h range −0.15%…+0.06% · median −0.09%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
−$22.82
−0.23%
$Avg Daily PnL
+$1.29
+0.0129%
★Best Day
+$2.39
Oct 6
◎Open Interest
⚡Funding APR
+4.70%
annualized · funding only
⚠Execution Cost
−$31.83
entry + exit fees
⏱Payback
24.7d
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 (−$31.83 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.