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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin+0.201%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,360as in the Price arb table
costs, in and out, $10k−$1,38513.849% 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)−0.002%$0 · spread now +0.201%, 7d avg −0.044%
Together, before fees−0.096%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 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: Hyperliquid is 0.245% dearer against KuCoin than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABYUSDTM0.012460.0100pay 0.0050% / 4h1h 32m$466K$63K30x
ShortHyperliquid BABY0.012480.0100get 0.0013% / 1h32m 18s$126K$91K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.201% → −0.044%
$24.48
Slippage, 4 orders
−$1,363.93
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$1,360.45
Costs to cover
13.849%
Break-even
never at this rate
Slippage from KuCoin: live order book, 65 min ago; Hyperliquid: live order book, 67 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, 65 min ago24.25 bp1047.2 bp −$1,047doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 67 min ago1.21 bp22.0 bp −$22doesn'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+0.0091%4h0.01247+0.080%$265K$25K50xas long as short
Hyperliquid BABYshort+0.0100%1h0.01248+0.201%$126K$91K3x
Aster BABYUSDT+0.0100%4h0.01247+0.118%$6K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01247+0.080%$3.3M$4.0M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01247+0.072%$803K$720K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01245−0.072%$373K$526K10xas long as short
Gate BABY_USDT+0.0100%4h0.012460.000%$143K$91K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01247+0.080%$1.2M$136K20xas long as short
KuCoin BABYUSDTMlong+0.0100%4h0.01246long leg$466K$63K30x
Bitget BABYUSDT+0.0100%4h0.01245−0.080%$527K$163K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.012460.000%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01247+0.052%$1K$220K5xas long as short