Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against BloFin−0.088%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.088%, 7d avg +0.023%
=Funding pays, the price is against you. Bybit is 0.111% cheaper against BloFin than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.023%). If the spread goes back, that is −$11 on $10k: about 25 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.189%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BABY-USDT | 0.01257 | 0.0085 | pay 0.0043% / 4h | 2h 10m | $279K | $28K | 50x |
| Short | Bybit BABYUSDT | 0.01256 | 0.0100 | get 0.0050% / 4h | 2h 10m | $851K | $675K | 25x |
BloFin BABY-USDT
Bybit BABYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.11
- Price spread: −0.088% → +0.023%
- −$11.05
- Slippage, 4 orders
- −$102.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$133.07
- Costs to cover
- 1.251%
- Break-even
- 306.8 days
Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 34 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 BloFin live order book, 6 min ago | 3.99 bp | 23.5 bp −$23 | 118.8 bp −$1,188 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 34 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BABY-USDTlong | +0.0085% | 4h | 0.01257 | long leg | $279K | $28K | 50x | |
| Hyperliquid BABY | +0.0100% | 1h | 0.01255 | −0.143% | $124K | $87K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01256 | −0.110% | $7K | $10K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01256 | −0.084% | $3.3M | $3.8M | 50x | as long as short |
| Bybit BABYUSDTshort | +0.0100% | 4h | 0.01256 | −0.088% | $851K | $675K | 25x | |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01255 | −0.199% | $375K | $499K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01254 | −0.239% | $144K | $80K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01255 | −0.159% | $1.1M | $149K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01255 | −0.159% | $462K | $65K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01255 | −0.159% | $522K | $155K | 50x | as long as short |
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01256 | −0.080% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01255 | −0.185% | $614 | $204K | 5x | as long as short |
BingX BABY-USDT
Extended BABY-USD