Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%

Price spread now: Bybit against Gate+0.300%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$201as in the Funding arb table

Net, price: spread back to 7d avg − costs−$169as in the Price arb table

costs, in and out, $10k−$1941.937% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.300%, 7d avg +0.052%

Together, before fees−0.372%−$37 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: Bybit is 0.248% dearer against Gate than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABY_USDT	0.01234	0.0100	pay 0.0050% / 4h	55m 26s	$146K	$110K	50x
Short	Bybit BABYUSDT	0.01238	0.0100	get 0.0050% / 4h	55m 26s	$808K	$770K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.300%Rate

Funding earned: $0
Price spread: +0.300% → +0.052%: $24.82
Slippage, 4 orders: −$167.72
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$168.9
Costs to cover: 1.937%
Break-even: never at this rate

Slippage from Gate: live order book, 15 min ago; Bybit: live order book, 19 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, 15 min ago	12.24 bp	44.3 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 19 min ago	2.04 bp	50.7 bp −$51	336.8 bp −$3,368	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	+0.0045%	4h	0.01232	−0.162%	$254K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01238	+0.332%	$125K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01235	+0.069%	$5K	$9K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01238	+0.324%	$3.4M	$4.1M	50x	as long as short
Bybit BABYUSDTshort	+0.0100%	4h	0.01238	+0.300%	$808K	$770K	25x
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01237	+0.276%	$365K	$535K	10x	as long as short
Gate BABY_USDTlong	+0.0100%	4h	0.01234	long leg	$146K	$110K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01237	+0.243%	$1.2M	$136K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01234	0.000%	$439K	$54K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01238	+0.324%	$529K	$170K	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	0.01235	+0.081%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01236	+0.128%	$4K	$215K	5x	as long as short