Backlight - impact on battery?

This is not strictly a Fenix-only question but rather applies to all MIP watches. But i guess here is the best location to get an answer:

Did anybody check how much different backlight settings affect battery life (e.g. % per hour), when kept always on?

  • For example will i save much by setting it to 5% instead of 20%?
  • Or maybe the backlight draws so little power that it doesn't really matter?