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: MEXC against Hyperliquid+0.023%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.577% 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)+0.037%+$4 · spread now +0.023%, 7d avg −0.002%
Together, before fees+0.069%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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: MEXC is 0.025% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid YGG0.026160.0100pay 0.0013% / 1h55m 59s$189K$127K3x
ShortMEXC YGG_USDT0.026170.0100get 0.0050% / 4h1h 55m$1.1M$317K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.023% → −0.002%
$2.54
Slippage, 4 orders
−$44.73
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$55.19
Costs to cover
0.577%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 43 min ago; MEXC: live order book, 4 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, 43 min ago2.50 bp22.4 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.92 bp3.9 bp −$449.2 bp −$492279.0 bp −$27.9K586.2 bp −$293.1K

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−0.1488%1h0.02613−0.134%$12K$3K10xas long as short
Hyperliquid YGGlong+0.0100%1h0.02616long leg$189K$127K3x
Aster YGGUSDT+0.0100%4h0.02616−0.002%$709$2K5xas long as short
Binance YGGUSDT+0.0100%4h0.02614−0.077%$2.0M$2.1M50xas long as short
Bybit YGGUSDT+0.0100%4h0.02618+0.061%$605K$467K25xas long as short
OKX YGG-USDT-SWAP+0.0100%4h0.02616−0.015%$992K$979K10xas long as short
Gate YGG_USDT+0.0100%4h0.02617+0.023%$293K$669K20xas long as short
MEXC YGG_USDTshort+0.0100%4h0.02617+0.023%$1.1M$317K50x
KuCoin YGGUSDTM+0.0100%4h0.02618+0.061%$200K$55K30xas long as short
Bitget YGGUSDT+0.0100%4h0.02620+0.138%$549K$180K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.02616−0.015%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02621+0.159%$2K$1as long as short