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: Bybit against Binance−0.003%7-day average +0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1271.272% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.207%−$21 on $10k

Price spread, last 7 days−0.016%−$2 · spread now −0.003%, 7d avg +0.046%

Together, before fees−0.223%−$22 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: Bybit is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BABYUSDT	0.01254	0.0100	pay 0.0050% / 4h	2h 06m	$3.3M	$3.8M	50x
Short	Bybit BABYUSDT	0.01253	0.0100	get 0.0050% / 4h	2h 06m	$846K	$678K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → +0.046%: −$4.87
Slippage, 4 orders: −$106.18
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$132.05
Costs to cover: 1.272%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 39 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 Binance live order book, 15 min ago	7.99 bp	24.4 bp −$24	250.5 bp −$2,505	doesn't fit	doesn't fit
Sell Bybit live order book, 39 min ago	3.60 bp	23.0 bp −$23	263.8 bp −$2,638	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
Hyperliquid BABY	+0.0100%	1h	0.01254	+0.013%	$124K	$86K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01254	−0.001%	$7K	$10K	5x	as long as short
Binance BABYUSDTlong	+0.0100%	4h	0.01254	long leg	$3.3M	$3.8M	50x
Bybit BABYUSDTshort	+0.0100%	4h	0.01253	−0.003%	$846K	$678K	25x
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01253	−0.027%	$374K	$498K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01253	−0.043%	$141K	$81K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01253	−0.043%	$1.1M	$150K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01253	−0.043%	$461K	$65K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01253	−0.043%	$521K	$154K	50x	as long as short
BingX BABY-USDT	+0.0100%	4h	0.01252	−0.123%	—	$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	0.01253	−0.027%	$614	$204K	5x	as long as short
BloFin BABY-USDT	+0.0106%	4h	0.01254	+0.037%	$277K	$28K	50x	as long as short