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: Binance against Hyperliquid−0.065%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1091.092% 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)+0.040%+$4 · spread now −0.065%, 7d avg −0.010%
Together, before fees+0.073%+ 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: Binance is 0.055% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid YGG0.026110.0100pay 0.0013% / 1h37m 11s$190K$125K3x
ShortBinance YGGUSDT0.026100.0100get 0.0050% / 4h1h 37m$2.0M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.065% → −0.010%
−$5.5
Slippage, 4 orders
−$90.2
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$114.7
Costs to cover
1.092%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 62 min ago; Binance: live order book, 12 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, 62 min ago2.50 bp22.4 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.92 bp32.6 bp −$33138.6 bp −$1,386doesn'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−0.1493%1h0.02604−0.292%$12K$3K10xas long as short
Hyperliquid YGGlong+0.0100%1h0.02611long leg$190K$125K3x
Aster YGGUSDT+0.0100%4h0.02609−0.073%$707$2K5xas long as short
Binance YGGUSDTshort+0.0100%4h0.02610−0.065%$2.0M$2.1M50x
Bybit YGGUSDT+0.0100%4h0.02610−0.050%$604K$469K25xas long as short
OKX YGG-USDT-SWAP+0.0100%4h0.02611−0.011%$986K$979K10xas long as short
Gate YGG_USDT+0.0100%4h0.02610−0.050%$291K$680K20xas long as short
MEXC YGG_USDT+0.0100%4h0.02609−0.088%$1.1M$318K50xas long as short
KuCoin YGGUSDTM+0.0100%4h0.02609−0.088%$200K$56K30xas long as short
Bitget YGGUSDT+0.0100%4h0.02609−0.088%$546K$180K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX YGG-USDT+0.0100%4h0.02610−0.050%$2.4Mas long as short
Variational Omni YGG+0.0100%4h0.02611+0.007%$2K$1as long as short