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

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC−0.061%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$690.693% 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)−0.014%−$1 · spread now −0.061%, 7d avg +0.003%
Together, before fees−0.046%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 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: Hyperliquid is 0.064% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC YGG_USDT0.026180.0100pay 0.0050% / 4h3h 15m$999K$338K50x
ShortHyperliquid YGG0.026160.0100get 0.0013% / 1h15m 42s$189K$143K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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: −0.061% → +0.003%
−$6.39
Slippage, 4 orders
−$56.31
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$75.7
Costs to cover
0.693%
Break-even
never at this rate
Slippage from MEXC: live order book, 54 min ago; Hyperliquid: live order book, 34 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 MEXC live order book, 54 min ago1.92 bp3.9 bp −$440.3 bp −$403244.3 bp −$24.4K537.5 bp −$268.8K
Sell Hyperliquid live order book, 34 min ago1.54 bp28.2 bp −$28doesn'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−0.1622%1h0.02612−0.222%$12K$3K10xas long as short
Hyperliquid YGGshort+0.0100%1h0.02616−0.061%$189K$143K3x
Aster YGGUSDT+0.0100%4h0.02615−0.103%$2K$1K5xas long as short
Binance YGGUSDT+0.0100%4h0.02617−0.038%$2.0M$2.0M50xas long as short
Bybit YGGUSDT+0.0100%4h0.02617−0.038%$604K$472K25xas long as short
OKX YGG-USDT-SWAP+0.0100%4h0.02617−0.038%$992K$917K10xas long as short
Gate YGG_USDT+0.0100%4h0.02619+0.038%$307K$641K20xas long as short
MEXC YGG_USDTlong+0.0100%4h0.02618long leg$999K$338K50x
KuCoin YGGUSDTM+0.0100%4h0.026180.000%$203K$52K30xas long as short
Bitget YGGUSDT+0.0100%4h0.02622+0.153%$562K$151K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.026180.000%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02615−0.111%$2K$1as long as short