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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bitget+0.090%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.349%−$35 on $10k
Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.090%, 7d avg −0.005%
Together, before fees−0.206%+ Points / potential airdropHyperliquid: Season 2 · farm board−$21 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 0.095% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BABYUSDT0.012250.0100pay 0.0050% / 4h2h 39m$523K$169K50x
ShortHyperliquid BABY0.012260.0100get 0.0013% / 1h39m 56s$124K$94K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.090% → −0.005%
$9.52
Slippage, 4 orders
−$94.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$106.41
Costs to cover
1.159%
Break-even
never at this rate
Slippage from Bitget: live order book, 44 min ago; Hyperliquid: live order book, 43 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 Bitget live order book, 44 min ago4.10 bp28.1 bp −$28315.5 bp −$3,155doesn't fitdoesn't fit
Sell Hyperliquid live order book, 43 min ago1.23 bp17.9 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
Hyperliquid BABYshort+0.0100%1h0.01226+0.090%$124K$94K3x
Aster BABYUSDT+0.0100%4h0.01226+0.077%$5K$11K5xas long as short
Binance BABYUSDT+0.0100%4h0.01226+0.082%$3.3M$4.1M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01226+0.057%$815K$774K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01225+0.008%$363K$523K10xas long as short
Gate BABY_USDT+0.0100%4h0.012250.000%$145K$111K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01226+0.082%$1.1M$141K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01226+0.082%$429K$51K30xas long as short
Bitget BABYUSDTlong+0.0100%4h0.01225long leg$523K$169K50x
BingX BABY-USDT+0.0100%4h0.01226+0.082%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BABY-USDT+0.0101%4h0.012250.000%$251K$25K50xas long as short
Extended BABY-USD+0.0104%1h0.01226+0.069%$4K$215K5xas long as short