Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit−0.097%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$577as in the Funding arb table

Net, price: spread back to 7d avg − costs−$584as in the Price arb table

costs, in and out, $10k−$5735.729% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$5 on $10k

Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.097%, 7d avg +0.015%

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: KuCoin is 0.112% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BABYUSDT	0.01238	0.0100	pay 0.0050% / 4h	13m 03s	$831K	$682K	25x
Short	KuCoin BABYUSDTM	0.01237	0.0100	get 0.0050% / 4h	13m 03s	$469K	$63K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.097%Rate

Funding earned: $0
Price spread: −0.097% → +0.015%: −$11.19
Slippage, 4 orders: −$549.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$584.1
Costs to cover: 5.729%
Break-even: never at this rate

Slippage from Bybit: live order book, 22 min ago; KuCoin: live order book, 20 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, 22 min ago	4.45 bp	49.9 bp −$50	340.3 bp −$3,403	doesn't fit	doesn't fit
Sell KuCoin live order book, 20 min ago	24.27 bp	224.3 bp −$224	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	+0.0064%	4h	0.01236	−0.178%	$279K	$28K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01239	+0.032%	$123K	$88K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01237	−0.079%	$7K	$8K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01239	+0.025%	$3.3M	$3.9M	50x	as long as short
Bybit BABYUSDTlong	+0.0100%	4h	0.01238	long leg	$831K	$682K	25x
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01236	−0.137%	$376K	$496K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01237	−0.097%	$140K	$70K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01238	−0.016%	$1.1M	$158K	20x	as long as short
KuCoin BABYUSDTMshort	+0.0100%	4h	0.01237	−0.097%	$469K	$63K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01237	−0.097%	$503K	$190K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01237	−0.097%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01238	+0.003%	$136	$273K	5x	as long as short