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

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid+0.019%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1351.350% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.452%+$45 · spread now +0.019%, 7d avg +0.066%
Together, before fees+0.491%+ Points / potential airdropHyperliquid: Season 2 · farm board+$49 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: Bitget is 0.046% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid YGG0.026030.0100pay 0.0013% / 1h45m 58s$188K$125K3x
ShortBitget YGGUSDT0.026040.0100get 0.0050% / 4h1h 45m$545K$180K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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: +0.019% → +0.066%
−$4.64
Slippage, 4 orders
−$114.01
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$139.65
Costs to cover
1.350%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 53 min ago; Bitget: live order book, 14 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 Hyperliquid live order book, 53 min ago2.50 bp22.4 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 14 min ago9.56 bp52.1 bp −$52172.6 bp −$1,726doesn'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−0.1495%1h0.02600−0.118%$12K$3K10xas long as short
Hyperliquid YGGlong+0.0100%1h0.02603long leg$188K$125K3x
Aster YGGUSDT+0.0100%4h0.02603−0.032%$706$2K5xas long as short
Binance YGGUSDT+0.0100%4h0.02603−0.028%$2.0M$2.1M50xas long as short
Bybit YGGUSDT+0.0100%4h0.02604+0.019%$602K$468K25xas long as short
OKX YGG-USDT-SWAP+0.0100%4h0.02603−0.019%$986K$976K10xas long as short
Gate YGG_USDT+0.0100%4h0.02605+0.058%$292K$672K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02602−0.058%$1.1M$318K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.02606+0.096%$199K$56K30xas long as short
Bitget YGGUSDTshort+0.0100%4h0.02604+0.019%$545K$180K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.02604+0.019%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02605+0.040%$2K$1as long as short