Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against OKX+0.008%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$830.831% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 7 days−0.072%−$7 · spread now +0.008%, 7d avg −0.032%

Together, before fees−0.041%−$4 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: MEXC is 0.040% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BABY-USDT-SWAP	0.01255	0.0100	pay 0.0050% / 4h	3h 46m	$378K	$512K	10x
Short	MEXC BABY_USDT	0.01255	0.0100	get 0.0050% / 4h	3h 46m	$1.2M	$150K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee OKXbpFee MEXCbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → −0.032%: $3.99
Slippage, 4 orders: −$65.14
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$79.15
Costs to cover: 0.831%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 3 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 OKX live order book, 4 min ago	2.79 bp	31.3 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	3.98 bp	8.8 bp −$9	53.6 bp −$536	220.3 bp −$22.0K	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
Hyperliquid BABY	+0.0100%	1h	0.01255	+0.040%	$124K	$87K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01256	+0.105%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01256	+0.055%	$3.3M	$3.9M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01255	+0.040%	$819K	$662K	25x	as long as short
OKX BABY-USDT-SWAPlong	+0.0100%	4h	0.01255	long leg	$378K	$512K	10x
Gate BABY_USDT	+0.0100%	4h	0.01255	+0.008%	$144K	$81K	50x	as long as short
MEXC BABY_USDTshort	+0.0100%	4h	0.01255	+0.008%	$1.2M	$150K	20x
KuCoin BABYUSDTM	+0.0100%	4h	0.01256	+0.088%	$462K	$63K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01255	+0.008%	$522K	$174K	50x	as long as short
BingX BABY-USDT	+0.0100%	4h	0.01255	+0.008%	—	$6.5M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BABY-USD	+0.0104%	1h	0.01255	−0.021%	$4K	$233K	5x	as long as short
BloFin BABY-USDT	+0.0134%	4h	0.01254	−0.072%	$273K	$26K	50x	as long as short