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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.002%
Price spread now: BloFin against Hyperliquid−0.057%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$940.938% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.329%+$33 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.057%, 7d avg +0.004%
Together, before fees+0.440%+ Points / potential airdropHyperliquid: Season 2 · farm board+$44 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: BloFin is 0.060% 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 +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BABY0.012380.0100pay 0.0013% / 1h36m 47s$122K$84K3x
ShortBloFin BABY-USDT0.012370.0098get 0.0049% / 4h36m 47s$279K$28K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$0.44
Price spread: −0.057% → +0.004%
−$6.04
Slippage, 4 orders
−$72.76
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$100.24
Costs to cover
0.938%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; BloFin: live order book, 35 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, 12 min ago2.01 bp24.9 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 35 min ago4.03 bp32.5 bp −$3380.3 bp −$803doesn'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-USDTshort+0.0098%4h0.01237−0.057%$279K$28K50x
Hyperliquid BABYlong+0.0100%1h0.01238long leg$122K$84K3x
Aster BABYUSDT+0.0100%4h0.01236−0.102%$7K$8K5xas long as short
Binance BABYUSDT+0.0100%4h0.01236−0.132%$3.3M$3.8M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01236−0.154%$830K$680K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01235−0.242%$371K$488K10xas long as short
Gate BABY_USDT+0.0100%4h0.01236−0.137%$141K$68K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01236−0.137%$1.1M$153K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01235−0.218%$454K$59K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01236−0.137%$512K$157K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01236−0.137%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01236−0.133%$2K$273K5xas long as short