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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended−0.067%7-day average +0.006% · 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−$149as in the Price arb table
costs, in and out, $10k−$1411.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.067%, 7d avg +0.006%
Together, before fees+0.130%+ Points / potential airdropExtended: Active · farm board+$13 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: OKX is 0.073% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BABY-USD0.012390.0104pay 0.0013% / 1h21m 26s$1K$240K5x
ShortOKX BABY-USDT-SWAP0.012390.0100get 0.0050% / 4h3h 21m$368K$539K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.067% → +0.006%
−$7.27
Slippage, 4 orders
−$126.39
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$149.5
Costs to cover
1.414%
Break-even
never at this rate
Slippage from Extended: live order book, 50 min ago; OKX: live order book, 49 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, 50 min ago6.07 bp31.2 bp −$31322.6 bp −$3,226doesn't fitdoesn't fit
Sell OKX live order book, 49 min ago2.43 bp35.5 bp −$36doesn't fitdoesn'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%1h0.01240+0.087%$125K$93K3xas long as short
Aster BABYUSDT+0.0100%4h0.01239+0.008%$5K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01240+0.039%$3.3M$4.1M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01239−0.002%$809K$727K25xas long as short
OKX BABY-USDT-SWAPshort+0.0100%4h0.01239−0.067%$368K$539K10x
Gate BABY_USDT+0.0100%4h0.01239−0.026%$147K$109K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01239−0.026%$1.2M$138K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01239−0.026%$439K$55K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01239−0.026%$528K$169K50xas long as short
BingX BABY-USDT+0.0100%4h0.01239−0.026%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USDlong+0.0104%1h0.01239long leg$1K$240K5x
BloFin BABY-USDT+0.0141%4h0.01242+0.216%$254K$25K50xas long as short