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

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.101%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1081.077% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.101%, 7d avg −0.047%
Together, before fees−0.144%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 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 0.148% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX YGG-USDT-SWAP0.025770.0100pay 0.0050% / 4h2h 49m$981K$881K10x
ShortHyperliquid YGG0.025800.0100get 0.0013% / 1h49m 00s$185K$165K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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: +0.101% → −0.047%
$14.77
Slippage, 4 orders
−$88.66
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$92.88
Costs to cover
1.077%
Break-even
never at this rate
Slippage from OKX: live order book, 37 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 OKX live order book, 37 min ago1.93 bp34.6 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 34 min ago1.54 bp27.7 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−0.1460%1h0.02577−0.002%$12K$3K10xas long as short
Hyperliquid YGGshort+0.0100%1h0.02580+0.101%$185K$165K3x
Aster YGGUSDT+0.0100%4h0.02580+0.098%$2K$1K5xas long as short
Binance YGGUSDT+0.0100%4h0.02578+0.039%$2.0M$2.0M50xas long as short
Bybit YGGUSDT+0.0100%4h0.02580+0.116%$603K$469K25xas long as short
OKX YGG-USDT-SWAPlong+0.0100%4h0.02577long leg$981K$881K10x
Gate YGG_USDT+0.0100%4h0.02581+0.155%$298K$629K20xas long as short
MEXC YGG_USDT+0.0100%4h0.025770.000%$966K$344K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.02582+0.194%$208K$52K30xas long as short
Bitget YGGUSDT+0.0100%4h0.02581+0.155%$549K$150K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.02579+0.078%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02581+0.136%$2K$1as long as short