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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against KuCoin−0.240%95s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,438as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,46114.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.231%+$23 on $10k
Price spread, last 4 days (all we have)+0.413%+$41 · spread now −0.240%, 7d avg −0.039%
Together, before fees+0.644%+$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.201% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of −0.039%). If the spread goes back, that is −$20 on $10k: about 47 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.231% in total) that is about 6.1 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABYUSDTM0.012490.0100pay 0.0050% / 4h39m 34s$460K$64K30x
ShortBloFin BABY-USDT0.012460.0114get 0.0057% / 4h39m 34s$275K$25K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$3.02
Price spread: −0.240% → −0.039%
−$20.1
Slippage, 4 orders
−$1,437.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,478.56
Costs to cover
14.615%
Break-even
3437.7 days
Slippage from KuCoin: live order book, 43 min ago; BloFin: live order book, 59 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 KuCoin live order book, 43 min ago19.94 bp1087.4 bp −$1,087doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 59 min ago12.06 bp41.8 bp −$42109.1 bp −$1,091doesn'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
Hyperliquid BABY+0.0100%1h0.01249+0.032%$125K$91K3xas long as short
Aster BABYUSDT+0.0100%4h0.01249−0.008%$6K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01249−0.011%$3.3M$4.0M50xas long as short
Bybit BABYUSDT+0.0100%4h0.012490.000%$812K$709K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01247−0.192%$372K$514K10xas long as short
Gate BABY_USDT+0.0100%4h0.01248−0.080%$142K$90K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01248−0.080%$1.2M$137K20xas long as short
KuCoin BABYUSDTMlong+0.0100%4h0.01249long leg$460K$64K30x
Bitget BABYUSDT+0.0100%4h0.012490.000%$510K$170K50xas long as short
BingX BABY-USDT+0.0100%4h0.012490.000%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01249−0.039%$1K$228K5xas long as short
BloFin BABY-USDTshort+0.0114%4h0.01246−0.240%$275K$25K50x