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: Bitget against Bybit+0.008%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$149as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1711.714% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 7 days+0.042%+$4 · spread now +0.008%, 7d avg −0.059%

Together, before fees+0.265%+$26 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: Bitget is 0.067% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BABYUSDT	0.01249	0.0100	pay 0.0050% / 4h	1h 15m	$805K	$710K	25x
Short	Bitget BABYUSDT	0.01249	0.0100	get 0.0050% / 4h	1h 15m	$511K	$174K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpFee BitgetbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → −0.059%: $6.74
Slippage, 4 orders: −$148.39
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$164.65
Costs to cover: 1.714%
Break-even: never at this rate

Slippage from Bybit: live order book, 45 min ago; Bitget: 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 Bybit live order book, 45 min ago	3.61 bp	48.0 bp −$48	479.7 bp −$4,797	doesn't fit	doesn't fit
Sell Bitget live order book, 45 min ago	8.03 bp	41.9 bp −$42	317.4 bp −$3,174	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	+0.0050%	4h	0.01252	+0.248%	$272K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01249	−0.008%	$126K	$91K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01248	−0.073%	$6K	$9K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01249	+0.008%	$3.3M	$4.0M	50x	as long as short
Bybit BABYUSDTlong	+0.0100%	4h	0.01249	long leg	$805K	$710K	25x
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01247	−0.120%	$373K	$521K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01249	+0.008%	$143K	$91K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01247	−0.152%	$1.2M	$143K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01250	+0.088%	$460K	$64K	30x	as long as short
Bitget BABYUSDTshort	+0.0100%	4h	0.01249	+0.008%	$511K	$174K	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	0.01248	−0.072%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01249	−0.018%	$5K	$225K	5x	as long as short