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

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.092%7-day average +0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,521as in the Price arb table
costs, in and out, $10k−$1,50115.011% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.092%, 7d avg +0.105%
Together, before fees+0.093%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 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: KuCoin is 0.197% cheaper against Hyperliquid than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.105%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid YGG0.026090.0100pay 0.0013% / 1h18m 59s$194K$124K3x
ShortKuCoin YGGUSDTM0.026070.0100get 0.0050% / 4h2h 18m$195K$63K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.092% → +0.105%
−$19.67
Slippage, 4 orders
−$1,480.09
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,520.76
Costs to cover
15.011%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 50 min ago; KuCoin: live order book, 37 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, 50 min ago2.48 bp32.9 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 37 min ago11.43 bp712.6 bp −$713doesn'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−0.1942%1h0.02605−0.158%$12K$3K10xas long as short
Hyperliquid YGGlong+0.0100%1h0.02609long leg$194K$124K3x
Aster YGGUSDT+0.0100%4h0.02607−0.073%$1K$4K5xas long as short
Binance YGGUSDT+0.0100%4h0.02608−0.054%$2.0M$2.2M50xas long as short
Bybit YGGUSDT+0.0100%4h0.02611+0.061%$618K$486K25xas long as short
OKX YGG-USDT-SWAP+0.0100%4h0.02610+0.023%$976K$1.0M10xas long as short
Gate YGG_USDT+0.0100%4h0.02609−0.015%$289K$744K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02608−0.054%$985K$369K50xas long as short
KuCoin YGGUSDTMshort+0.0100%4h0.02607−0.092%$195K$63K30x
Bitget YGGUSDT+0.0100%4h0.02608−0.054%$550K$178K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.02609−0.015%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02600−0.359%$2K$1as long as short