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

YGG

all YGG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against BingX0.000%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3113.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now 0.000%, 7d avg +0.031%
Together, before fees−0.035%−$4 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: Bybit is 0.031% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX YGG-USDT0.026150.0100pay 0.0050% / 4h2h 01m$2.4M
ShortBybit YGGUSDT0.026150.0100get 0.0050% / 4h2h 01m$604K$468K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: 0.000% → +0.031%
−$3.09
Slippage, 4 orders
−$289.73
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$313.82
Costs to cover
3.107%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 58 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 BingX live order book, 3 min ago11.48 bp34.2 bp −$34114.5 bp −$1,145989.6 bp −$99.0Kdoesn't fit
Sell Bybit live order book, 58 min ago5.76 bp114.2 bp −$114doesn'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−0.1667%1h0.02609−0.237%$12K$3K10xas long as short
Hyperliquid YGG+0.0100%1h0.02613−0.073%$189K$127K3xas long as short
Aster YGGUSDT+0.0100%4h0.02615−0.018%$709$2K5xas long as short
Binance YGGUSDT+0.0100%4h0.02614−0.038%$2.0M$2.1M50xas long as short
Bybit YGGUSDTshort+0.0100%4h0.026150.000%$604K$468K25x
OKX YGG-USDT-SWAP+0.0100%4h0.02610−0.191%$991K$975K10xas long as short
Gate YGG_USDT+0.0100%4h0.026150.000%$294K$686K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02613−0.076%$1.1M$347K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.026150.000%$199K$56K30xas long as short
Bitget YGGUSDT+0.0100%4h0.026150.000%$547K$186K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDTlong+0.0100%4h0.02615long leg$2.4M
Variational Omni YGG+0.0100%4h0.02606−0.342%$2K$1as long as short