Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

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 0.000%

Price spread now: Binance against BingX+0.048%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1101.100% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 7 days−0.108%−$11 · spread now +0.048%, 7d avg −0.024%

Together, before fees−0.144%−$14 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 0.072% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BABY-USDT	0.01242	0.0100	pay 0.0050% / 4h	3h 12m	—	$6.5M	—
Short	Binance BABYUSDT	0.01243	0.0100	get 0.0050% / 4h	3h 12m	$3.4M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → −0.024%: $7.2
Slippage, 4 orders: −$90.03
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$102.83
Costs to cover: 1.100%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; Binance: live order book, 10 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 BingX live order book, 9 min ago	8.06 bp	23.5 bp −$23	91.3 bp −$913	675.3 bp −$67.5K	doesn't fit
Sell Binance live order book, 10 min ago	4.03 bp	25.1 bp −$25	144.2 bp −$1,442	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	0.01244	+0.137%	$126K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01243	+0.072%	$6K	$9K	5x	as long as short
Binance BABYUSDTshort	+0.0100%	4h	0.01243	+0.048%	$3.4M	$4.1M	50x
Bybit BABYUSDT	+0.0100%	4h	0.01243	+0.040%	$811K	$725K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01241	−0.072%	$370K	$539K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01242	0.000%	$148K	$109K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01242	0.000%	$1.2M	$139K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01240	−0.161%	$449K	$57K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01242	0.000%	$528K	$170K	50x	as long as short
BingX BABY-USDTlong	+0.0100%	4h	0.01242	long leg	—	$6.5M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BABY-USD	+0.0104%	1h	0.01242	+0.036%	$1K	$221K	5x	as long as short
BloFin BABY-USDT	+0.0132%	4h	0.01245	+0.242%	$259K	$25K	50x	as long as short