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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate+0.079%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1321.322% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.202%−$20 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.079%, 7d avg +0.028%
Together, before fees−0.082%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 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: Hyperliquid is 0.052% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABY_USDT0.012650.0100pay 0.0050% / 4h2h 59m$145K$75K50x
ShortHyperliquid BABY0.012660.0100get 0.0013% / 1h59m 38s$129K$103K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. 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
Price spread: +0.079% → +0.028%
$5.15
Slippage, 4 orders
−$108.23
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$127.07
Costs to cover
1.322%
Break-even
never at this rate
Slippage from Gate: live order book, 26 min ago; Hyperliquid: live order book, 39 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 Gate live order book, 26 min ago12.04 bp44.3 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 39 min ago1.21 bp21.5 bp −$22doesn'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
BloFin BABY-USDT+0.0072%4h0.01272+0.553%$290K$30K50xas long as short
Hyperliquid BABYshort+0.0100%1h0.01266+0.079%$129K$103K3x
Aster BABYUSDT+0.0100%4h0.01274+0.683%$5K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01273+0.617%$3.7M$4.6M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01302+2.893%$868K$831K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01302+2.901%$395K$643K10xas long as short
Gate BABY_USDTlong+0.0100%4h0.01265long leg$145K$75K50x
MEXC BABY_USDT+0.0100%4h0.01304+3.083%$1.4M$209K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01299+2.688%$482K$87K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01310+3.557%$549K$315K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01311+3.636%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01266+0.065%$147$267K5xas long as short