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

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.019%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1311.310% 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)−0.090%−$9 · spread now +0.019%, 7d avg −0.043%
Together, before fees−0.117%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 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 0.062% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX YGG-USDT-SWAP0.025880.0100pay 0.0050% / 4h1h 14m$994K$903K10x
ShortHyperliquid YGG0.025880.0100get 0.0013% / 1h14m 15s$187K$145K3x

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: +0.019% → −0.043%
$6.22
Slippage, 4 orders
−$112
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$124.78
Costs to cover
1.310%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Hyperliquid: live order book, 55 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, 2 min ago1.94 bp36.3 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 55 min ago2.13 bp30.4 bp −$30doesn'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−0.1501%1h0.02584−0.158%$12K$3K10xas long as short
Hyperliquid YGGshort+0.0100%1h0.02588+0.019%$187K$145K3x
Aster YGGUSDT+0.0100%4h0.02584−0.160%$2K$1K5xas long as short
Binance YGGUSDT+0.0100%4h0.02589+0.039%$2.0M$2.0M50xas long as short
Bybit YGGUSDT+0.0100%4h0.02591+0.116%$599K$475K25xas long as short
OKX YGG-USDT-SWAPlong+0.0100%4h0.02588long leg$994K$903K10x
Gate YGG_USDT+0.0100%4h0.02591+0.116%$299K$634K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02589+0.039%$989K$348K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.02590+0.077%$204K$52K30xas long as short
Bitget YGGUSDT+0.0100%4h0.02591+0.116%$552K$156K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.025880.000%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02581−0.283%$2K$1as long as short