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+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bybit+0.113%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.113%, 7d avg −0.026%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.139% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BABYUSDT0.012400.0100pay 0.0050% / 4h1h 40m$828K$693K25x
ShortBloFin BABY-USDT0.012410.0114get 0.0057% / 4h1h 40m$279K$28K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$2.87
Price spread: +0.113% → −0.026%
$13.87
Slippage, 4 orders
−$102.13
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$108.39
Costs to cover
1.251%
Break-even
271.5 days
Slippage from Bybit: live order book, 64 min ago; BloFin: live order book, 36 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 Bybit live order book, 64 min ago3.60 bp51.3 bp −$51353.6 bp −$3,536doesn't fitdoesn't fit
Sell BloFin live order book, 36 min ago3.99 bp27.4 bp −$2792.0 bp −$920doesn'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%1h0.01242+0.194%$123K$89K3xas long as short
Aster BABYUSDT+0.0100%4h0.01240+0.063%$7K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01240+0.032%$3.3M$3.9M50xas long as short
Bybit BABYUSDTlong+0.0100%4h0.01240long leg$828K$693K25x
OKX BABY-USDT-SWAP+0.0100%4h0.01239−0.040%$371K$500K10xas long as short
Gate BABY_USDT+0.0100%4h0.01241+0.113%$139K$68K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01240+0.032%$1.1M$149K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01242+0.194%$457K$65K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01240+0.032%$521K$157K50xas long as short
BingX BABY-USDT+0.0100%4h0.01240+0.032%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01239−0.021%$5K$207K5xas long as short
BloFin BABY-USDTshort+0.0114%4h0.01241+0.113%$279K$28K50x