← Back to Screener
updated —ETH Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−9.19%
7d Period Avg−0.28%
swing±9.79%
LONG grvt · nowETH_USDT_Perp
−12.05%
7d avg:+3.20%
SHORT Hyperliquid · now
−21.25%
7d avg:+2.92%
Entry Spread Now
−0.009%
Against youL ask 1,726.55 · S bid 1,726.4−$0.87 at entry
24h range −0.53%…+0.33% · median −0.01%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$19.37
−0.19%
$Avg Daily PnL
+$0.04
+0.0004%
★Best Day
+$3.24
Nov 11
◎Open Interest
grvt$100.16M
Hyperliquid$1.11B⚡Funding APR
+0.14%
annualized · funding only
⚠Execution Cost
−$19.64
entry + exit fees
⏱Payback
16.9mo
to break even
◧24h Volume
grvt$103.94MHyperliquid$2.06BLoading 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 (−$19.64 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.