← Back to Screener
updated —PAXG 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
−1.10%
3d Period Avg−2.75%
swing±4.90%
LONG Hyperliquid · now
+10.96%
3d avg:+9.77%
SHORT grvt · nowPAXG_USDT_Perp
+9.86%
3d avg:+7.02%
Entry Spread Now
−0.036%
Against youL ask 3,811.4 · S bid 3,810.02−$3.62 at entry
24h range −0.07%…+0.17% · median +0.01%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$26.78
−0.27%
$Avg Daily PnL
−$0.78
−0.0078%
★Best Day
−$0.28
Nov 15
◎Open Interest
Hyperliquid$23.50M
grvt$1.36M⚡Funding APR
−2.83%
annualized · funding only
⚠Execution Cost
−$24.45
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Hyperliquid$4.15Mgrvt$2.38MLoading 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 (−$24.45 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.