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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.003%
Price spread now: BloFin against Extended+0.150%54s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1431.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.150%, 7d avg +0.041%
Together, before fees−0.047%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.109% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.041%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABY-USD0.012350.0104pay 0.0013% / 1h36m 11s$4K$215K5x
ShortBloFin BABY-USDT0.012370.0132get 0.0066% / 4h36m 11s$255K$25K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$5.89
Price spread: +0.150% → +0.041%
$10.88
Slippage, 4 orders
−$125.59
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$125.82
Costs to cover
1.426%
Break-even
156.5 days
Slippage from Extended: live order book, 41 min ago; BloFin: live order book, 35 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 Extended live order book, 41 min ago6.12 bp48.4 bp −$48363.9 bp −$3,639doesn't fitdoesn't fit
Sell BloFin live order book, 35 min ago4.08 bp30.4 bp −$3089.3 bp −$893doesn'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%1h0.01236+0.045%$125K$94K3xas long as short
Aster BABYUSDT+0.0100%4h0.01237+0.115%$5K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01235+0.023%$3.3M$4.1M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01236+0.085%$808K$773K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01234−0.109%$365K$532K10xas long as short
Gate BABY_USDT+0.0100%4h0.01235−0.012%$146K$110K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01236+0.069%$1.2M$137K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01237+0.150%$440K$54K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01235−0.012%$527K$170K50xas long as short
BingX BABY-USDT+0.0100%4h0.01237+0.150%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USDlong+0.0104%1h0.01235long leg$4K$215K5x
BloFin BABY-USDTshort+0.0132%4h0.01237+0.150%$255K$25K50x