Settings8H · net · $10k
Funding arb · Price arb /

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment $0.13 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate−0.240%78s7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1421.420% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 4 days (all we have)+0.304%+$30 · spread now −0.240%, 7d avg +0.034%
Together, before fees+0.432%+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.274% cheaper against Gate than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.127%, so the current rate has only just turned against you. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABY_USDT0.012520.0100pay 0.0050% / 4h2h 35m$144K$79K50x
ShortBloFin BABY-USDT0.012490.0074get 0.0037% / 4h2h 35m$280K$28K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$5.38
Price spread: −0.240% → +0.034%
−$27.35
Slippage, 4 orders
−$114.99
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$174.72
Costs to cover
1.420%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago8.03 bp40.9 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 46 min ago12.01 bp28.7 bp −$2991.2 bp −$912doesn't fitdoesn't fit

BABY on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BABY-USDTshort+0.0074%4h0.01249−0.240%$280K$28K50x
Hyperliquid BABY+0.0100%1h0.01255+0.216%$123K$86K3xas long as short
Aster BABYUSDT+0.0100%4h0.01254+0.148%$7K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01254+0.160%$3.3M$3.8M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01255+0.224%$848K$676K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01253+0.096%$375K$497K10xas long as short
Gate BABY_USDTlong+0.0100%4h0.01252long leg$144K$79K50x
MEXC BABY_USDT+0.0100%4h0.01253+0.080%$1.2M$138K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01253+0.080%$461K$62K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01254+0.160%$521K$155K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01254+0.160%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01253+0.055%$4K$205K5xas long as short