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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX0.000%81s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1141.142% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.216%+$22 · spread now 0.000%, 7d avg −0.005%
Together, before fees+0.162%+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BABY-USDT0.012580.0100pay 0.0050% / 4h3h 51m$6.5M
ShortBloFin BABY-USDT0.012580.0128get 0.0064% / 4h3h 51m$275K$26K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$5.88
Price spread: 0.000% → −0.005%
$0.46
Slippage, 4 orders
−$92.19
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$107.85
Costs to cover
1.142%
Break-even
135.4 days
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 40 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 BingX live order book, 9 min ago7.97 bp28.2 bp −$28138.7 bp −$1,387716.0 bp −$71.6Kdoesn't fit
Sell BloFin live order book, 40 min ago3.98 bp43.8 bp −$44110.8 bp −$1,108doesn'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
Hyperliquid BABY+0.0100%1h0.01257−0.072%$124K$86K3xas long as short
Aster BABYUSDT+0.0100%4h0.01258+0.013%$7K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01257−0.119%$3.3M$3.9M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01258+0.008%$821K$669K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01256−0.127%$378K$515K10xas long as short
Gate BABY_USDT+0.0100%4h0.01257−0.079%$145K$81K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01257−0.079%$1.2M$149K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01259+0.079%$463K$64K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01257−0.079%$523K$174K50xas long as short
BingX BABY-USDTlong+0.0100%4h0.01258long leg$6.5M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01256−0.145%$4K$233K5xas long as short
BloFin BABY-USDTshort+0.0128%4h0.012580.000%$275K$26K50x