Funding you earn now, next payment 12:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bybit−1.104%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$1511.510% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)+1.474%+$147 · spread now −1.104%, 7d avg −0.025%
=Funding pays, the price is against you. BloFin is 1.079% cheaper against Bybit than usual: you would sell low and buy high (spread −1.104% now, against its 7-day average of −0.025%). If the spread goes back, that is −$108 on $10k: about 2 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BABYUSDT | 0.01286 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $885K | $897K | 25x |
| Short | BloFin BABY-USDT | 0.01272 | 0.0160 | get 0.0080% / 4h | 2h 58m | $290K | $30K | 50x |
Bybit BABYUSDT
BloFin BABY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $12.58
- Price spread: −1.104% → −0.025%
- −$107.9
- Slippage, 4 orders
- −$128.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$246.35
- Costs to cover
- 1.510%
- Break-even
- 144.1 days
Slippage from Bybit: live order book, 31 min ago; BloFin: live order book, 3 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, 31 min ago | 3.24 bp | 48.2 bp −$48 | 457.6 bp −$4,576 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 3.94 bp | 12.9 bp −$13 | 62.0 bp −$620 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABYUSDT | +0.0100% | 4h | 0.01295 | +0.675% | $5K | $10K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01290 | +0.312% | $3.8M | $5.3M | 50x | as long as short |
| Bybit BABYUSDTlong | +0.0100% | 4h | 0.01286 | long leg | $885K | $897K | 25x | |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01290 | +0.257% | $410K | $701K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01295 | +0.684% | $167K | $104K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01290 | +0.295% | $1.2M | $245K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01290 | +0.295% | $479K | $87K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01289 | +0.218% | $556K | $356K | 50x | as long as short |
| BingX BABY-USDT | +0.0100% | 4h | 0.01297 | +0.840% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01287 | +0.063% | $150 | $267K | 5x | as long as short |
Aster BABYUSDT
Binance BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDT
Extended BABY-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BABY-USDTshort | +0.0160% | 4h | 0.01272 | −1.104% | $290K | $30K | 50x | |
| Hyperliquid BABY | +0.1708% | 1h | 0.01297 | +0.871% | $146K | $133K | 3x | as long as short |
Hyperliquid BABY