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updated —HOOD 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
+0.00%
3d Period Avg−4.70%
swing±13.88%
LONG Binance Futures · now
+0.00%
3d avg:+10.30%
SHORT grvt · nowHOOD_USDT_Perp
+0.00%
3d avg:+5.60%
Entry Spread Now
−0.053%
Eaten by executionL 76.3840 · S 76.3433−$5.33 if it converges
24h range −0.72%…+0.51% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$31.18
−0.31%
$Avg Daily PnL
+$0.00
+0.0000%
★Best Day
+$0.05
Nov 12
◎Open Interest
Binance Futures$11.14M
grvt$549.6K⚡Funding APR
+0.00%
annualized · funding only
⚠Execution Cost
−$31.18
entry + exit fees
⏱Payback
1417.3mo
to break even
◧24h Volume
Binance Futures$21.84Mgrvt$2.53MLoading 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 (−$31.18 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.