Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against Binance0.000%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1341.339% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.145%−$14 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now 0.000%, 7d avg −0.030%

Together, before fees−0.231%−$23 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: Gate is 0.030% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BABYUSDT	0.01255	0.0100	pay 0.0050% / 4h	3h 59m	$3.3M	$4.1M	50x
Short	Gate BABY_USDT	0.01255	0.0100	get 0.0050% / 4h	3h 59m	$144K	$81K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.030%: $3.04
Slippage, 4 orders: −$108.92
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$130.89
Costs to cover: 1.339%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Gate: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 7 min ago	4.01 bp	20.5 bp −$21	237.6 bp −$2,376	doesn't fit	doesn't fit
Sell Gate live order book, 51 min ago	12.07 bp	41.5 bp −$42	doesn't fit	doesn't fit	doesn't fit

BABY on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid BABY	+0.0100%	1h	0.01255	−0.016%	$124K	$93K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01256	+0.077%	$7K	$10K	5x	as long as short
Binance BABYUSDTlong	+0.0100%	4h	0.01255	long leg	$3.3M	$4.1M	50x
Bybit BABYUSDT	+0.0100%	4h	0.01255	+0.024%	$820K	$707K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01254	−0.088%	$376K	$525K	10x	as long as short
Gate BABY_USDTshort	+0.0100%	4h	0.01255	0.000%	$144K	$81K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01254	−0.080%	$1.1M	$143K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01256	+0.080%	$462K	$65K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01255	0.000%	$522K	$178K	50x	as long as short
BingX BABY-USDT	+0.0100%	4h	0.01256	+0.080%	—	$6.5M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BABY-USD	+0.0104%	1h	0.01255	−0.029%	$1K	$228K	5x	as long as short
BloFin BABY-USDT	+0.0138%	4h	0.01252	−0.239%	$280K	$25K	50x	as long as short