← Back to Screener
updated —XRP Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−12.93%
3d Period Avg+1.52%
swing±7.06%
LONG Hyperliquid · now
+10.96%
3d avg:+1.95%
SHORT grvt · nowXRP_USDT_Perp
−1.97%
3d avg:+3.47%
Entry Spread Now
−0.057%
Against youL ask 0.9270 · S bid 0.9265−$5.72 at entry
24h range −0.33%…+0.38% · median −0.00%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.045%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$22.62
−0.23%
$Avg Daily PnL
+$0.80
+0.0080%
★Best Day
+$1.40
Nov 14
◎Open Interest
Hyperliquid$76.82M
grvt$573.6K⚡Funding APR
+2.93%
annualized · funding only
⚠Execution Cost
−$25.03
entry + exit fees
⏱Payback
1.0mo
to break even
◧24h Volume
Hyperliquid$182.61Mgrvt$39.56MLoading 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 (−$25.03 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.