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

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.115%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2812.805% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.115%, 7d avg −0.031%
Together, before fees+0.081%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.084% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit YGGUSDT0.026090.0100pay 0.0050% / 4h3h 38m$602K$472K25x
ShortOKX YGG-USDT-SWAP0.026060.0100get 0.0050% / 4h3h 38m$987K$921K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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: −0.115% → −0.031%
−$8.43
Slippage, 4 orders
−$259.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$288.95
Costs to cover
2.805%
Break-even
never at this rate
Slippage from Bybit: live order book, 27 min ago; OKX: live order book, 33 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 Bybit live order book, 27 min ago3.83 bp81.6 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 33 min ago5.78 bp41.0 bp −$41doesn'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−0.1627%1h0.02604−0.178%$12K$3K10xas long as short
Hyperliquid YGG+0.0100%1h0.02608−0.057%$189K$144K3xas long as short
Aster YGGUSDT+0.0100%4h0.02608−0.040%$2K$1K5xas long as short
Binance YGGUSDT+0.0100%4h0.02609−0.017%$2.0M$2.0M50xas long as short
Bybit YGGUSDTlong+0.0100%4h0.02609long leg$602K$472K25x
OKX YGG-USDT-SWAPshort+0.0100%4h0.02606−0.115%$987K$921K10x
Gate YGG_USDT+0.0100%4h0.02611+0.077%$306K$637K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02608−0.038%$993K$326K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.02606−0.115%$202K$52K30xas long as short
Bitget YGGUSDT+0.0100%4h0.02612+0.115%$560K$152K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.026090.000%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02614+0.176%$2K$1as long as short