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

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.086%7-day average +0.013% · 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−$123as in the Price arb table
costs, in and out, $10k−$1301.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.086%, 7d avg +0.013%
Together, before fees−0.097%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 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 0.073% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance YGGUSDT0.026140.0100pay 0.0050% / 4h3h 52m$2.0M$2.3M50x
ShortHyperliquid YGG0.026160.0100get 0.0013% / 1h52m 40s$203K$137K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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: +0.086% → +0.013%
$7.32
Slippage, 4 orders
−$111.35
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$123.02
Costs to cover
1.303%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Hyperliquid: live order book, 57 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 Binance live order book, 12 min ago1.92 bp34.4 bp −$34225.4 bp −$2,254doesn't fitdoesn't fit
Sell Hyperliquid live order book, 57 min ago0.19 bp30.2 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−0.3477%1h0.02609−0.192%$12K$3K10xas long as short
Hyperliquid YGGshort+0.0100%1h0.02616+0.086%$203K$137K3x
Aster YGGUSDT+0.0100%4h0.02615+0.043%$264$5K5xas long as short
Binance YGGUSDTlong+0.0100%4h0.02614long leg$2.0M$2.3M50x
Bybit YGGUSDT+0.0100%4h0.02616+0.090%$625K$501K25xas long as short
OKX YGG-USDT-SWAP+0.0100%4h0.02612−0.063%$978K$1.1M10xas long as short
Gate YGG_USDT+0.0100%4h0.02615+0.052%$294K$753K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02614+0.013%$925K$365K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.02616+0.090%$196K$69K30xas long as short
Bitget YGGUSDT+0.0100%4h0.02616+0.090%$564K$191K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.02616+0.090%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02620+0.226%$2K$1as long as short