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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.171%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$528as in the Price arb table
costs, in and out, $10k−$5055.054% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.171%, 7d avg +0.054%
Together, before fees+0.211%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 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: KuCoin is 0.225% cheaper against Hyperliquid than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BABY0.012260.0100pay 0.0013% / 1h29m 43s$124K$94K3x
ShortKuCoin BABYUSDTM0.012240.0100get 0.0050% / 4h1h 29m$435K$54K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.171% → +0.054%
−$22.52
Slippage, 4 orders
−$484.45
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$527.97
Costs to cover
5.054%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 39 min ago; KuCoin: live order book, 42 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, 39 min ago2.04 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 42 min ago16.35 bp220.5 bp −$220doesn'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+0.0061%4h0.01228+0.155%$258K$25K50xas long as short
Hyperliquid BABYlong+0.0100%1h0.01226long leg$124K$94K3x
Aster BABYUSDT+0.0100%4h0.01225−0.078%$5K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01226−0.017%$3.3M$4.1M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01225−0.114%$801K$785K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01225−0.065%$361K$526K10xas long as short
Gate BABY_USDT+0.0100%4h0.01225−0.090%$145K$110K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01225−0.090%$1.1M$137K20xas long as short
KuCoin BABYUSDTMshort+0.0100%4h0.01224−0.171%$435K$54K30x
Bitget BABYUSDT+0.0100%4h0.01226−0.008%$523K$169K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01225−0.090%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01226−0.035%$4K$215K5xas long as short