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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.048%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$670.673% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.345%+$35 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.048%, 7d avg −0.013%
Together, before fees+0.340%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 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: MEXC is 0.035% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BABY0.012380.0100pay 0.0013% / 1h57m 55s$123K$88K3x
ShortMEXC BABY_USDT0.012370.0100get 0.0050% / 4h3h 57m$1.1M$156K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.048% → −0.013%
−$3.53
Slippage, 4 orders
−$50.27
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$70.8
Costs to cover
0.673%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 51 min ago; MEXC: live order book, 3 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, 51 min ago2.01 bp24.9 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago4.04 bp8.0 bp −$855.4 bp −$554204.1 bp −$20.4K300.2 bp −$150.1K

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+0.0078%4h0.01236−0.129%$280K$28K50xas long as short
Hyperliquid BABYlong+0.0100%1h0.01238long leg$123K$88K3x
Aster BABYUSDT+0.0100%4h0.01236−0.102%$7K$8K5xas long as short
Binance BABYUSDT+0.0100%4h0.01238+0.013%$3.3M$3.9M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01237−0.040%$832K$681K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01236−0.121%$376K$497K10xas long as short
Gate BABY_USDT+0.0100%4h0.01235−0.210%$140K$66K50xas long as short
MEXC BABY_USDTshort+0.0100%4h0.01237−0.048%$1.1M$156K20x
KuCoin BABYUSDTM+0.0100%4h0.01237−0.048%$469K$63K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01237−0.048%$503K$190K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01237−0.048%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01237−0.076%$1K$274K5xas long as short