Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%

Price spread now: Gate against KuCoin+0.162%7-day average −0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$877as in the Funding arb table

Net, price: spread back to 7d avg − costs−$864as in the Price arb table

costs, in and out, $10k−$8878.872% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.162%, 7d avg −0.072%

Together, before fees−0.021%−$2 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 0.234% dearer against KuCoin than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BABYUSDTM	0.01232	0.0100	pay 0.0050% / 4h	24m 06s	$438K	$54K	30x
Short	Gate BABY_USDT	0.01234	0.0100	get 0.0050% / 4h	24m 06s	$146K	$110K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.162%Rate

Funding earned: $0
Price spread: +0.162% → −0.072%: $23.41
Slippage, 4 orders: −$860.18
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$863.77
Costs to cover: 8.872%
Break-even: never at this rate

Slippage from KuCoin: live order book, 38 min ago; Gate: live order book, 46 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, 38 min ago	16.30 bp	543.2 bp −$543	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 46 min ago	12.24 bp	45.6 bp −$46	doesn't fit	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	+0.0087%	4h	0.01236	+0.325%	$116K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01234	+0.162%	$125K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01235	+0.240%	$5K	$9K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01234	+0.162%	$3.3M	$4.1M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01234	+0.138%	$806K	$772K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01233	+0.089%	$365K	$533K	10x	as long as short
Gate BABY_USDTshort	+0.0100%	4h	0.01234	+0.162%	$146K	$110K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01234	+0.162%	$1.1M	$138K	20x	as long as short
KuCoin BABYUSDTMlong	+0.0100%	4h	0.01232	long leg	$438K	$54K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01234	+0.162%	$527K	$170K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01234	+0.162%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01234	+0.175%	$4K	$215K	5x	as long as short