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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.032%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.347%−$35 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.032%, 7d avg −0.008%
Together, before fees−0.405%+ Points / potential airdropHyperliquid: Season 2 · farm board−$40 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 0.040% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BABYUSDT0.012430.0100pay 0.0050% / 4h2h 27m$3.3M$3.8M50x
ShortHyperliquid BABY0.012430.0100get 0.0013% / 1h27m 25s$122K$86K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.032% → −0.008%
$4.02
Slippage, 4 orders
−$98.82
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$113.8
Costs to cover
1.178%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Hyperliquid: live order book, 42 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 Binance live order book, 9 min ago3.99 bp25.7 bp −$26256.1 bp −$2,561doesn't fitdoesn't fit
Sell Hyperliquid live order book, 42 min ago2.81 bp31.0 bp −$31doesn'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+0.0097%4h0.01248+0.402%$278K$28K50xas long as short
Hyperliquid BABYshort+0.0100%1h0.01243+0.032%$122K$86K3x
Aster BABYUSDT+0.0100%4h0.01243−0.018%$7K$10K5xas long as short
Binance BABYUSDTlong+0.0100%4h0.01243long leg$3.3M$3.8M50x
Bybit BABYUSDT+0.0100%4h0.01243−0.008%$839K$675K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01241−0.177%$370K$494K10xas long as short
Gate BABY_USDT+0.0100%4h0.012430.000%$143K$80K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01242−0.080%$1.1M$138K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.012430.000%$457K$65K30xas long as short
Bitget BABYUSDT+0.0100%4h0.012430.000%$517K$154K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01242−0.080%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01243+0.010%$4K$201K5xas long as short