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

YGG

All YGG markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotYGG-USDT
0.02189spotno funding——$120K1xBuy OKX Spot
SHORT
OKXYGG-USDT-SWAP
0.02186+0.0100get 0.0050% / 4h2h 02m$630K$781K10xShort OKX
Price gap−0.160%
Funding gap+0.0100% /8h

Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$20+0.0100% /8h now · paid +0.204% over the last 7D
Price−$1spread −0.160% now, avg −0.145% → −0.015% if it goes back
Costs−$4874.866% of $10k · taker + slippage, in and out
Result−$468−4.68%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.160%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

YGG on 11 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size281.9 / 36.8 bp
    At $10k entering OKX Spot costs 281.9 bp, fee and slippage, 7.7× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $1,000
    The spot leg is bought with the whole $10k; OKX runs at up to 10x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$3.00.
  • Note: Gap at its usual level−0.160% vs −0.145%
    The price leg adds little either way.
  • Watch: Short leg is thin$630K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0097%/8h × 21 periods+$20.43
Price spread−0.160% → −0.145% (7d avg)−$1.49
Slippage, 4 orderslive order books−$456.60
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$467.67
Costs to cover4.866%Break-even167.3 days
Slippage: OKX Spot: live order book, 41 min ago; OKX: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot9.09281.9 bp−$282doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX4.5536.8 bp−$37doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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