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−0.0047%/8h= −5.1% APRnext payment $0.23 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against BloFin−0.321%85s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1341.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.321%, 7d avg −0.006%
Together, before fees+0.233%+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.315% cheaper against BloFin than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BABY-USDT0.012470.0147pay 0.0073% / 4h2h 03m$276K$28K50x
ShortBitget BABYUSDT0.012430.0100get 0.0050% / 4h2h 03m$519K$156K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$9.78
Price spread: −0.321% → −0.006%
−$31.49
Slippage, 4 orders
−$110.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$175.44
Costs to cover
1.342%
Break-even
never at this rate
Slippage from BloFin: live order book, 13 min ago; Bitget: live order book, 41 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 BloFin live order book, 13 min ago3.99 bp23.5 bp −$23118.8 bp −$1,188doesn't fitdoesn't fit
Sell Bitget live order book, 41 min ago8.00 bp45.1 bp −$45317.5 bp −$3,175doesn'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%1h0.01243−0.361%$123K$87K3xas long as short
Aster BABYUSDT+0.0100%4h0.01243−0.285%$7K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01242−0.365%$3.3M$3.9M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01242−0.385%$834K$688K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01242−0.433%$371K$497K10xas long as short
Gate BABY_USDT+0.0100%4h0.01243−0.321%$140K$81K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01242−0.401%$1.1M$150K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01244−0.241%$458K$65K30xas long as short
Bitget BABYUSDTshort+0.0100%4h0.01243−0.321%$519K$156K50x
BingX BABY-USDT+0.0100%4h0.01242−0.401%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01242−0.373%$610$204K5xas long as short
BloFin BABY-USDTlong+0.0147%4h0.01247long leg$276K$28K50x