Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Gate+0.155%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,089as in the Price arb table

costs, in and out, $10k−$1,09910.986% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.155%, 7d avg +0.059%

Together, before fees−0.291%−$29 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: KuCoin is 0.095% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABY_USDT	0.01294	0.0100	pay 0.0050% / 4h	56m 00s	$158K	$113K	50x
Short	KuCoin BABYUSDTM	0.01296	0.0100	get 0.0050% / 4h	56m 00s	$505K	$107K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now +0.155%Rate

Funding earned: $0
Price spread: +0.155% → +0.059%: $9.53
Slippage, 4 orders: −$1,071.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,089.08
Costs to cover: 10.986%
Break-even: never at this rate

Slippage from Gate: live order book, 43 min ago; KuCoin: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 43 min ago	11.71 bp	62.6 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 39 min ago	27.27 bp	224.2 bp −$224	doesn't fit	doesn't fit	doesn't fit

BABY on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BABY-USDT	+0.0053%	4h	0.01293	−0.077%	$260K	$35K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01295	+0.077%	$147K	$165K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01294	+0.019%	$3K	$13K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01295	+0.068%	$3.9M	$7.2M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01294	+0.008%	$1.0M	$1.2M	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01294	−0.039%	$423K	$831K	10x	as long as short
Gate BABY_USDTlong	+0.0100%	4h	0.01294	long leg	$158K	$113K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01294	0.000%	$1.2M	$306K	20x	as long as short
KuCoin BABYUSDTMshort	+0.0100%	4h	0.01296	+0.155%	$505K	$107K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01293	−0.077%	$535K	$608K	50x	as long as short

Show all 12 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01295	+0.077%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01294	+0.020%	$2K	$269K	5x	as long as short