Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against KuCoin−0.080%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$664as in the Funding arb table

Net, price: spread back to 7d avg − costs−$698as in the Price arb table

costs, in and out, $10k−$6936.930% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.288%+$29 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.080%, 7d avg −0.033%

Together, before fees+0.340%+$34 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: BingX is 0.047% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BABYUSDTM	0.01247	0.0100	pay 0.0050% / 4h	3h 05m	$459K	$62K	30x
Short	BingX BABY-USDT	0.01246	0.0100	get 0.0050% / 4h	3h 05m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.080%Rate

Funding earned: $0
Price spread: −0.080% → −0.033%: −$4.75
Slippage, 4 orders: −$670.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$697.72
Costs to cover: 6.930%
Break-even: never at this rate

Slippage from KuCoin: live order book, 67 min ago; BingX: live order book, just now.

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 KuCoin live order book, 67 min ago	27.81 bp	267.3 bp −$267	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, just now	8.03 bp	29.5 bp −$29	125.4 bp −$1,254	683.6 bp −$68.4K	1223.6 bp −$611.8K

BABY on 12 venues

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
Hyperliquid BABY	+0.0100%	1h	0.01246	−0.088%	$122K	$86K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01246	−0.091%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01245	−0.150%	$3.3M	$3.8M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01245	−0.152%	$824K	$660K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01244	−0.200%	$371K	$494K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01246	−0.080%	$143K	$82K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01245	−0.160%	$1.1M	$152K	20x	as long as short
KuCoin BABYUSDTMlong	+0.0100%	4h	0.01247	long leg	$459K	$62K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01245	−0.160%	$518K	$156K	50x	as long as short
BingX BABY-USDTshort	+0.0100%	4h	0.01246	−0.080%	—	$6.5M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BABY-USD	+0.0104%	1h	0.01245	−0.188%	$1K	$200K	5x	as long as short
BloFin BABY-USDT	+0.0122%	4h	0.01245	−0.160%	$278K	$25K	50x	as long as short