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: Bitget against Gate+0.080%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1611.615% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.080%, 7d avg +0.022%

Together, before fees−0.062%−$6 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 0.058% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABY_USDT	0.01251	0.0100	pay 0.0050% / 4h	3m 20s	$144K	$94K	50x
Short	Bitget BABYUSDT	0.01252	0.0100	get 0.0050% / 4h	3m 20s	$521K	$178K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.080%Rate

Funding earned: $0
Price spread: +0.080% → +0.022%: $5.82
Slippage, 4 orders: −$134.5
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$155.68
Costs to cover: 1.615%
Break-even: never at this rate

Slippage from Gate: live order book, 47 min ago; Bitget: live order book, 51 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 Gate live order book, 47 min ago	12.07 bp	39.4 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 51 min ago	12.03 bp	37.9 bp −$38	308.8 bp −$3,088	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
Hyperliquid BABY	+0.0100%	1h	0.01252	+0.040%	$124K	$93K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01252	+0.057%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01252	+0.080%	$3.3M	$4.1M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01252	+0.080%	$818K	$706K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01250	−0.048%	$375K	$526K	10x	as long as short
Gate BABY_USDTlong	+0.0100%	4h	0.01251	long leg	$144K	$94K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01252	+0.080%	$1.1M	$146K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01252	+0.080%	$461K	$64K	30x	as long as short
Bitget BABYUSDTshort	+0.0100%	4h	0.01252	+0.080%	$521K	$178K	50x
BingX BABY-USDT	+0.0100%	4h	0.01252	+0.080%	—	$6.5M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BABY-USD	+0.0104%	1h	0.01251	+0.021%	$1K	$228K	5x	as long as short
BloFin BABY-USDT	+0.0143%	4h	0.01249	−0.160%	$279K	$25K	50x	as long as short