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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Gate against Hyperliquid−0.065%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.275% 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)+0.077%+$8 · spread now −0.065%, 7d avg −0.020%
Together, before fees+0.279%+ Points / potential airdropHyperliquid: Season 2 · farm board+$28 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: Gate is 0.044% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BABY0.012390.0100pay 0.0013% / 1h33m 48s$125K$94K3x
ShortGate BABY_USDT0.012380.0100get 0.0050% / 4h3h 33m$147K$109K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → −0.020%
−$4.41
Slippage, 4 orders
−$103.49
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$131.9
Costs to cover
1.275%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 15 min ago; Gate: live order book, 32 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, 15 min ago2.02 bp22.1 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 32 min ago8.09 bp39.7 bp −$40doesn'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+0.0094%4h0.01238−0.065%$255K$25K50xas long as short
Hyperliquid BABYlong+0.0100%1h0.01239long leg$125K$94K3x
Aster BABYUSDT+0.0100%4h0.01238−0.059%$5K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01238−0.028%$3.3M$4.1M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01238−0.057%$809K$730K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01237−0.153%$368K$536K10xas long as short
Gate BABY_USDTshort+0.0100%4h0.01238−0.065%$147K$109K50x
MEXC BABY_USDT+0.0100%4h0.01237−0.145%$1.1M$137K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01236−0.226%$437K$55K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01238−0.065%$528K$169K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.01238−0.065%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01238−0.066%$4K$301K5xas long as short