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 Bitget−0.116%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.116%, 7d avg −0.064%
Together, before fees−0.173%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 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 0.052% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget YGGUSDT0.025850.0100pay 0.0050% / 4h1h 35m$551K$153K50x
ShortHyperliquid YGG0.025820.0100get 0.0013% / 1h35m 08s$186K$145K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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: −0.116% → −0.064%
−$5.16
Slippage, 4 orders
−$96.62
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$122.79
Costs to cover
1.176%
Break-even
never at this rate
Slippage from Bitget: live order book, 45 min ago; Hyperliquid: live order book, 34 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 Bitget live order book, 45 min ago11.59 bp31.3 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 34 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−0.1502%1h0.02581−0.148%$12K$3K10xas long as short
Hyperliquid YGGshort+0.0100%1h0.02582−0.116%$186K$145K3x
Aster YGGUSDT+0.0100%4h0.02583−0.072%$2K$1K5xas long as short
Binance YGGUSDT+0.0100%4h0.02583−0.077%$2.0M$2.0M50xas long as short
Bybit YGGUSDT+0.0100%4h0.02584−0.039%$598K$472K25xas long as short
OKX YGG-USDT-SWAP+0.0100%4h0.02581−0.155%$996K$897K10xas long as short
Gate YGG_USDT+0.0100%4h0.02586+0.039%$299K$629K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02582−0.116%$968K$345K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.02588+0.116%$206K$52K30xas long as short
Bitget YGGUSDTlong+0.0100%4h0.02585long leg$551K$153K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.02584−0.039%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02586+0.047%$2K$1as long as short