Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin+0.081%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$783as in the Funding arb table

Net, price: spread back to 7d avg − costs−$796as in the Price arb table

costs, in and out, $10k−$8088.084% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.255%+$25 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.081%, 7d avg −0.044%

Together, before fees+0.139%+$14 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: Bitget is 0.125% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BABYUSDTM	0.01235	0.0100	pay 0.0050% / 4h	3h 36m	$437K	$55K	30x
Short	Bitget BABYUSDT	0.01236	0.0100	get 0.0050% / 4h	3h 36m	$527K	$170K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → −0.044%: $12.54
Slippage, 4 orders: −$784.37
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$795.83
Costs to cover: 8.084%
Break-even: never at this rate

Slippage from KuCoin: live order book, 16 min ago; Bitget: live order book, 33 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 KuCoin live order book, 16 min ago	16.12 bp	592.4 bp −$592	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 33 min ago	12.13 bp	40.7 bp −$41	292.1 bp −$2,921	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	+0.0046%	4h	0.01234	−0.081%	$254K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01236	+0.121%	$125K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01236	+0.101%	$5K	$9K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01237	+0.123%	$3.3M	$4.1M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01236	+0.113%	$808K	$731K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01235	0.000%	$367K	$534K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01236	+0.081%	$147K	$109K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01236	+0.081%	$1.1M	$137K	20x	as long as short
KuCoin BABYUSDTMlong	+0.0100%	4h	0.01235	long leg	$437K	$55K	30x
Bitget BABYUSDTshort	+0.0100%	4h	0.01236	+0.081%	$527K	$170K	50x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01236	+0.081%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01236	+0.101%	$2K	$287K	5x	as long as short