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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.081%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1281.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.315%+$31 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.081%, 7d avg −0.021%
Together, before fees+0.404%+ Points / potential airdropHyperliquid: Season 2 · farm board+$40 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: OKX 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 −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BABY0.012400.0100pay 0.0013% / 1h22m 23s$122K$85K3x
ShortOKX BABY-USDT-SWAP0.012390.0100get 0.0050% / 4h1h 22m$371K$495K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.081% → −0.021%
−$5.97
Slippage, 4 orders
−$109.41
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$134.37
Costs to cover
1.284%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 37 min ago; OKX: live order book, 18 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, 37 min ago2.39 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 18 min ago1.61 bp38.6 bp −$39doesn'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
Hyperliquid BABYlong+0.0100%1h0.01240long leg$122K$85K3x
Aster BABYUSDT+0.0100%4h0.01240−0.046%$7K$8K5xas long as short
Binance BABYUSDT+0.0100%4h0.01240+0.010%$3.3M$3.9M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01239−0.056%$830K$692K25xas long as short
OKX BABY-USDT-SWAPshort+0.0100%4h0.01239−0.081%$371K$495K10x
Gate BABY_USDT+0.0100%4h0.01238−0.177%$141K$70K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01240−0.016%$1.1M$150K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01239−0.097%$456K$64K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01239−0.097%$513K$152K50xas long as short
BingX BABY-USDT+0.0100%4h0.01239−0.097%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01240−0.017%$557$209K5xas long as short
BloFin BABY-USDT+0.0125%4h0.01241+0.065%$279K$28K50xas long as short