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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against OKX+0.177%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.315%−$31 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.177%, 7d avg +0.020%
Together, before fees−0.462%+ Points / potential airdropHyperliquid: Season 2 · farm board−$46 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 0.157% dearer against OKX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BABY-USDT-SWAP0.012410.0100pay 0.0050% / 4h49m 28s$371K$508K10x
ShortHyperliquid BABY0.012440.0100get 0.0013% / 1h49m 28s$125K$91K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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: +0.177% → +0.020%
$15.7
Slippage, 4 orders
−$93.32
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$96.62
Costs to cover
1.123%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Hyperliquid: live order book, 40 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 OKX live order book, 6 min ago2.01 bp30.4 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 40 min ago2.00 bp21.1 bp −$21doesn'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+0.0073%4h0.01244+0.209%$270K$25K50xas long as short
Hyperliquid BABYshort+0.0100%1h0.01244+0.177%$125K$91K3x
Aster BABYUSDT+0.0100%4h0.01243+0.125%$6K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01243+0.129%$3.3M$4.0M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01243+0.137%$803K$702K25xas long as short
OKX BABY-USDT-SWAPlong+0.0100%4h0.01241long leg$371K$508K10x
Gate BABY_USDT+0.0100%4h0.01243+0.129%$141K$90K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01242+0.048%$1.2M$137K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01243+0.129%$457K$64K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01243+0.129%$509K$170K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01243+0.129%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01243+0.102%$1K$231K5xas long as short