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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid+0.008%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1331.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.202%+$20 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.008%, 7d avg −0.022%
Together, before fees+0.168%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 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: Gate is 0.030% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BABY0.012500.0100pay 0.0013% / 1h13m 08s$123K$87K3x
ShortGate BABY_USDT0.012500.0100get 0.0050% / 4h3h 13m$143K$82K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Hyperliquid. 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
$0
Price spread: +0.008% → −0.022%
$3.04
Slippage, 4 orders
−$108.66
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$129.62
Costs to cover
1.327%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 66 min ago; Gate: live order book, 33 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 Hyperliquid live order book, 66 min ago1.99 bp24.3 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 33 min ago11.96 bp40.6 bp −$41doesn't fitdoesn'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-USDT+0.0066%4h0.01247−0.232%$279K$25K50xas long as short
Hyperliquid BABYlong+0.0100%1h0.01250long leg$123K$87K3x
Aster BABYUSDT+0.0100%4h0.01250+0.010%$7K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01249−0.058%$3.3M$3.8M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01250+0.008%$825K$661K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01249−0.072%$372K$495K10xas long as short
Gate BABY_USDTshort+0.0100%4h0.01250+0.008%$143K$82K50x
MEXC BABY_USDT+0.0100%4h0.01249−0.072%$1.1M$151K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01251+0.088%$460K$63K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01250+0.008%$520K$156K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01250+0.008%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01249−0.101%$1K$209K5xas long as short