Settings8H · net · $10k
Funding arb · Price arb /

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against BingX−0.034%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1501.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.034%, 7d avg −0.038%
Together, before fees−0.106%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX YGG-USDT0.026140.0100pay 0.0050% / 4h1h 50m$2.4M
ShortHyperliquid YGG0.026130.0100get 0.0013% / 1h50m 53s$195K$124K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.034% → −0.038%
$0.35
Slippage, 4 orders
−$131.39
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$150.05
Costs to cover
1.504%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Hyperliquid: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 13 min ago11.42 bp41.9 bp −$42148.2 bp −$1,4821002.0 bp −$100.2K1288.5 bp −$644.3K
Sell Hyperliquid live order book, 8 min ago3.04 bp42.8 bp −$43doesn't fitdoesn't fitdoesn't fit

YGG on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_YGGUSD−0.1621%1h0.02610−0.158%$12K$3K10xas long as short
Hyperliquid YGGshort+0.0100%1h0.02613−0.034%$195K$124K3x
Aster YGGUSDT+0.0100%4h0.02613−0.029%$264$5K5xas long as short
Binance YGGUSDT+0.0100%4h0.02612−0.077%$2.0M$2.3M50xas long as short
Bybit YGGUSDT+0.0100%4h0.026140.000%$618K$488K25xas long as short
OKX YGG-USDT-SWAP+0.0100%4h0.02613−0.038%$973K$1.1M10xas long as short
Gate YGG_USDT+0.0100%4h0.02613−0.038%$285K$742K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02612−0.077%$924K$349K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.02612−0.077%$196K$63K30xas long as short
Bitget YGGUSDT+0.0100%4h0.026140.000%$551K$179K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDTlong+0.0100%4h0.02614long leg$2.4M
Variational Omni YGG+0.0100%4h0.02613−0.036%$2K$1as long as short