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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.034%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1941.941% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.225%−$23 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.034%, 7d avg +0.057%
Together, before fees−0.206%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.090% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABY-USD0.012280.0104pay 0.0013% / 1h30m 39s$4K$215K5x
ShortBybit BABYUSDT0.012270.0100get 0.0050% / 4h3h 30m$803K$801K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$0.84
Price spread: −0.034% → +0.057%
−$9.05
Slippage, 4 orders
−$178.15
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$204.04
Costs to cover
1.941%
Break-even
never at this rate
Slippage from Extended: live order book, 16 min ago; Bybit: live order book, 14 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, 16 min ago5.73 bp48.3 bp −$48362.9 bp −$3,629doesn't fitdoesn't fit
Sell Bybit live order book, 14 min ago3.68 bp49.1 bp −$49252.9 bp −$2,529doesn'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
BloFin BABY-USDT+0.0081%4h0.01226−0.148%$248K$25K50xas long as short
Hyperliquid BABY+0.0100%1h0.01228+0.015%$124K$96K3xas long as short
Aster BABYUSDT+0.0100%4h0.01227−0.037%$5K$11K5xas long as short
Binance BABYUSDT+0.0100%4h0.01228+0.015%$3.3M$4.2M50xas long as short
Bybit BABYUSDTshort+0.0100%4h0.01227−0.034%$803K$801K25x
OKX BABY-USDT-SWAP+0.0100%4h0.01228−0.001%$362K$538K10xas long as short
Gate BABY_USDT+0.0100%4h0.01227−0.066%$146K$113K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01228+0.015%$1.1M$177K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01228+0.015%$430K$53K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01228+0.015%$527K$180K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01228+0.015%$6.5Mas long as short
Extended BABY-USDlong+0.0104%1h0.01228long leg$4K$215K5x