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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX−0.080%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1181.184% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.080%, 7d avg −0.009%
Together, before fees+0.170%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.072% cheaper against BingX than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.009%). If the spread goes back, that is −$7 on $10k: about 11 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BABY-USDT0.012460.0100pay 0.0050% / 4h3h 06m$6.5M
ShortBloFin BABY-USDT0.012450.0122get 0.0061% / 4h3h 06m$278K$25K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$4.68
Price spread: −0.080% → −0.009%
−$7.18
Slippage, 4 orders
−$96.42
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$120.91
Costs to cover
1.184%
Break-even
187.7 days
Slippage from BingX: live order book, 13 min ago; BloFin: live order book, 15 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 BingX live order book, 13 min ago7.99 bp29.2 bp −$29139.9 bp −$1,399720.8 bp −$72.1Kdoesn't fit
Sell BloFin live order book, 15 min ago12.01 bp28.7 bp −$2991.2 bp −$912doesn'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
Hyperliquid BABY+0.0100%1h0.01246−0.008%$122K$86K3xas long as short
Aster BABYUSDT+0.0100%4h0.01246+0.010%$7K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01246+0.032%$3.3M$3.8M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01246+0.032%$825K$660K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01245−0.088%$371K$494K10xas long as short
Gate BABY_USDT+0.0100%4h0.012460.000%$143K$82K50xas long as short
MEXC BABY_USDT+0.0100%4h0.012460.000%$1.1M$152K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01247+0.080%$459K$62K30xas long as short
Bitget BABYUSDT+0.0100%4h0.012460.000%$518K$156K50xas long as short
BingX BABY-USDTlong+0.0100%4h0.01246long leg$6.5M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01246−0.040%$1K$203K5xas long as short
BloFin BABY-USDTshort+0.0122%4h0.01245−0.080%$278K$25K50x