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 +0.001%

Price spread now: BingX against Gate+0.244%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1431.426% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.181%+$18 on $10k

Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.244%, 7d avg +0.034%

Together, before fees−0.132%−$13 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: BingX is 0.210% dearer against Gate than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABY_USDT	0.01230	0.0100	pay 0.0050% / 4h	2h 50m	$142K	$101K	50x
Short	BingX BABY-USDT	0.01233	0.0100	get 0.0050% / 4h	2h 50m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.244%Rate

Funding earned: $0
Price spread: +0.244% → +0.034%: $21.02
Slippage, 4 orders: −$117.55
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$121.53
Costs to cover: 1.426%
Break-even: never at this rate

Slippage from Gate: live order book, 10 min ago; BingX: live order book, just now.

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 Gate live order book, 10 min ago	12.17 bp	41.2 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, just now	8.11 bp	31.9 bp −$32	103.7 bp −$1,037	562.3 bp −$56.2K	1212.7 bp −$606.4K

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	+0.0068%	4h	0.01233	+0.244%	$257K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01233	+0.260%	$126K	$92K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01232	+0.177%	$5K	$9K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01234	+0.325%	$3.3M	$4.1M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01233	+0.236%	$812K	$730K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01232	+0.163%	$365K	$544K	10x	as long as short
Gate BABY_USDTlong	+0.0100%	4h	0.01230	long leg	$142K	$101K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01233	+0.244%	$1.1M	$134K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01230	0.000%	$446K	$57K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01232	+0.163%	$522K	$171K	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-USDTshort	+0.0100%	4h	0.01233	+0.244%	—	$6.5M	—
Extended BABY-USD	+0.0104%	1h	0.01232	+0.139%	$1K	$223K	5x	as long as short