← Back to Screener
updated —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+7.84%
swing±13.21%
LONG grvt · nowVIRTUAL_USDT_Perp
+10.96%
3d avg:+5.88%
SHORT Backpack · nowVIRTUAL_USDC_PERP
+10.96%
3d avg:+13.72%
Entry Spread Now
+0.012%
In your favorL ask 0.8048 · S bid 0.8049+$1.24 at entry
24h range −0.62%…+0.86% · median +0.05%
Long pays every4hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$63.88
−0.64%
$Avg Daily PnL
+$2.02
+0.0202%
★Best Day
+$3.23
Oct 2
◎Open Interest
grvt$712.8K
Backpack$251.5K⚡Funding APR
+7.36%
annualized · funding only
⚠Execution Cost
−$69.93
entry + exit fees
⏱Payback
1.2mo
to break even
◧24h Volume
grvt$719.0KBackpack$115.6KLoading 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 (−$69.93 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.