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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.065%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1231.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.349%+$35 on $10k
Price spread, last 4 days (all we have)−0.221%−$22 · spread now −0.065%, 7d avg −0.003%
Together, before fees+0.129%+ Points / potential airdropHyperliquid: Season 2 · 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: Bitget is 0.062% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BABY0.012400.0100pay 0.0013% / 1h46m 40s$123K$88K3x
ShortBitget BABYUSDT0.012390.0100get 0.0050% / 4h3h 46m$503K$189K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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: −0.065% → −0.003%
−$6.2
Slippage, 4 orders
−$102.24
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$129.44
Costs to cover
1.232%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 62 min ago; Bitget: live order book, 48 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 Hyperliquid live order book, 62 min ago2.01 bp24.9 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 48 min ago4.04 bp31.4 bp −$31262.4 bp −$2,624doesn'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 BABYlong+0.0100%1h0.01240long leg$123K$88K3x
Aster BABYUSDT+0.0100%4h0.01239−0.093%$7K$8K5xas long as short
Binance BABYUSDT+0.0100%4h0.01239−0.065%$3.3M$3.8M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01239−0.032%$834K$677K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01239−0.105%$376K$496K10xas long as short
Gate BABY_USDT+0.0100%4h0.01237−0.226%$140K$66K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01239−0.065%$1.1M$157K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01238−0.145%$470K$63K30xas long as short
Bitget BABYUSDTshort+0.0100%4h0.01239−0.065%$503K$189K50x
BingX BABY-USDT+0.0100%4h0.01239−0.065%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01239−0.027%$1K$270K5xas long as short
BloFin BABY-USDT+0.0154%4h0.01240+0.016%$281K$28K50xas long as short