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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.070%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$940.940% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.347%−$35 on $10k
Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.070%, 7d avg −0.012%
Together, before fees−0.443%+ Points / potential airdropHyperliquid: Season 2 · farm board−$44 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 0.082% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BABYUSDT0.012370.0100pay 0.0050% / 4h7m 57s$3.3M$4.1M50x
ShortHyperliquid BABY0.012380.0100get 0.0013% / 1h7m 57s$125K$94K3x

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: +0.070% → −0.012%
$8.22
Slippage, 4 orders
−$74.97
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$85.75
Costs to cover
0.940%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Hyperliquid: live order book, 51 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, 14 min ago4.05 bp23.5 bp −$23217.4 bp −$2,174doesn't fitdoesn't fit
Sell Hyperliquid live order book, 51 min ago2.44 bp18.4 bp −$18doesn't fitdoesn't fitdoesn't fit

BABY 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
BloFin BABY-USDT+0.0090%4h0.01236−0.115%$250K$25K50xas long as short
Hyperliquid BABYshort+0.0100%1h0.01238+0.070%$125K$94K3x
Aster BABYUSDT+0.0100%4h0.01237−0.035%$5K$9K5xas long as short
Binance BABYUSDTlong+0.0100%4h0.01237long leg$3.3M$4.1M50x
Bybit BABYUSDT+0.0100%4h0.01237−0.043%$807K$769K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01236−0.107%$366K$535K10xas long as short
Gate BABY_USDT+0.0100%4h0.01237−0.035%$151K$112K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01237−0.035%$1.2M$139K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01235−0.196%$439K$53K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01237−0.035%$528K$170K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01237−0.035%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01237−0.021%$4K$215K5xas long as short