← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~41d
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2.48%
3d Period Avg−3.12%
swing±3.20%
LONG Lighter Robinhood · nowXAG-USDG
+3.51%
3d avg:+4.68%
SHORT QFEX · nowSILVER-USD
+5.99%
3d avg:+1.56%
Entry Spread Now
−0.019%
Against youL ask 63.3818 · S bid 63.3700−$1.86 at entry
24h range −0.13%…+0.14% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.050%/taker0.100%
Loading Funding History…
↗Total PnL
−$30.12
−0.30%
$Avg Daily PnL
−$0.85
−0.0085%
★Best Day
+$0.03
Sep 28
◎Open Interest
Lighter Robinhood$4.76M
QFEX$729.3K⚡Funding APR
−3.12%
annualized · funding only
⚠Execution Cost
−$27.56
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Lighter Robinhood$5.02MQFEX$218.1KLoading 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 (−$27.56 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.