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 0.000%

Price spread now: KuCoin against MEXC−0.081%7-day average +0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$838as in the Funding arb table

Net, price: spread back to 7d avg − costs−$827as in the Price arb table

costs, in and out, $10k−$8138.134% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.251%−$25 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.081%, 7d avg +0.060%

Together, before fees−0.105%−$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: KuCoin is 0.141% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BABY_USDT	0.01235	0.0100	pay 0.0050% / 4h	15m 07s	$1.1M	$138K	20x
Short	KuCoin BABYUSDTM	0.01234	0.0100	get 0.0050% / 4h	15m 07s	$439K	$53K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now −0.081%Rate

Funding earned: $0
Price spread: −0.081% → +0.060%: −$14.06
Slippage, 4 orders: −$793.42
Fee MEXC: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$827.47
Costs to cover: 8.134%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 47 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 MEXC live order book, 1 min ago	4.04 bp	8.0 bp −$8	38.2 bp −$382	223.9 bp −$22.4K	doesn't fit
Sell KuCoin live order book, 47 min ago	16.30 bp	254.1 bp −$254	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	+0.0046%	4h	0.01236	+0.081%	$254K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01236	+0.089%	$125K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01237	+0.131%	$5K	$9K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01236	+0.081%	$3.3M	$4.1M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01236	+0.097%	$806K	$772K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01235	−0.008%	$366K	$534K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01235	0.000%	$146K	$110K	50x	as long as short
MEXC BABY_USDTlong	+0.0100%	4h	0.01235	long leg	$1.1M	$138K	20x
KuCoin BABYUSDTMshort	+0.0100%	4h	0.01234	−0.081%	$439K	$53K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01235	0.000%	$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	0.01236	+0.081%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01236	+0.067%	$4K	$215K	5x	as long as short