Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%

Price spread now: Gate against Bitget0.000%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1631.629% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.156%−$16 on $10k

Price spread, last 4 days (all we have)+0.130%+$13 · spread now 0.000%, 7d avg −0.024%

Together, before fees−0.026%−$3 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 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 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	Bitget BABYUSDT	0.01225	0.0100	pay 0.0050% / 4h	2h 37m	$523K	$168K	50x
Short	Gate BABY_USDT	0.01225	0.0100	get 0.0050% / 4h	2h 37m	$145K	$111K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.024%: $2.44
Slippage, 4 orders: −$135.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$160.5
Costs to cover: 1.629%
Break-even: never at this rate

Slippage from Bitget: live order book, 47 min ago; Gate: live order book, 45 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 Bitget live order book, 47 min ago	4.10 bp	28.1 bp −$28	315.5 bp −$3,155	doesn't fit	doesn't fit
Sell Gate live order book, 45 min ago	8.20 bp	40.4 bp −$40	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
BloFin BABY-USDT	+0.0094%	4h	0.01225	0.000%	$250K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01226	+0.098%	$124K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01226	+0.058%	$5K	$11K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01226	+0.071%	$3.3M	$4.1M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01226	+0.041%	$814K	$774K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01225	+0.008%	$363K	$522K	10x	as long as short
Gate BABY_USDTshort	+0.0100%	4h	0.01225	0.000%	$145K	$111K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01225	0.000%	$1.1M	$141K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01224	−0.082%	$429K	$51K	30x	as long as short
Bitget BABYUSDTlong	+0.0100%	4h	0.01225	long leg	$523K	$168K	50x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01226	+0.082%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01226	+0.059%	$4K	$215K	5x	as long as short