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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
+0.00%
7d Period Avg+12.24%
swing±23.34%
LONG Lighter · now
+0.00%
7d avg:−11.21%
SHORT QFEX · now
+0.00%
7d avg:+1.03%
Entry Spread Now
+0.109%
In your favorL 98.6560 · S 98.7638+$10.93 if it converges
24h range +0.08%…+0.18% · median +0.12%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.050%/taker0.100%
Loading Funding History…
↗Total PnL
+$3.46
+0.03%
$Avg Daily PnL
+$3.35
+0.0335%
★Best Day
+$8.65
Sep 25
◎Open Interest
⚡Funding APR
+12.23%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
6.0d
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.