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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 ~25d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.76%
7d Period Avg+9.75%
swing±6.72%
LONG QFEX · nowSILVER-USD
+6.76%
7d avg:+3.84%
SHORT Lighter · now
+10.52%
7d avg:+13.59%
Entry Spread Now
−0.094%
Against youL ask 63.9000 · S bid 63.8402−$9.36 at entry
24h range −0.16%…+0.08% · median −0.03%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$6.64
−0.07%
$Avg Daily PnL
+$2.67
+0.0267%
★Best Day
+$4.95
Sep 23
◎Open Interest
⚡Funding APR
+9.75%
annualized · funding only
⚠Execution Cost
−$25.33
entry + exit fees
⏱Payback
9.5d
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 + live L2 orderbook slippage on both legs (−$25.33 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.