← Back to Screener
updated —STRC 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+1.35%
swing±23.42%
LONG QFEX · now
+0.00%
7d avg:−19.15%
SHORT Lighter · now
+0.00%
7d avg:−17.80%
Entry Spread Now
−0.087%
Eaten by executionL 99.7572 · S 99.6700−$8.75 if it converges
24h range −0.34%…−0.04% · median −0.13%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$17.42
−0.17%
$Avg Daily PnL
+$0.37
+0.0037%
★Best Day
+$6.28
Nov 9
◎Open Interest
QFEX$1.04M
Lighter$866.1K⚡Funding APR
+1.35%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.8mo
to break even
◧24h Volume
QFEX$213.6KLighter$619.2KLoading 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.