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: Bitget against KuCoin+0.161%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,110as in the Price arb table

costs, in and out, $10k−$1,13111.307% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.255%+$25 on $10k

Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.161%, 7d avg −0.043%

Together, before fees+0.079%+$8 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 0.204% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BABYUSDTM	0.01240	0.0100	pay 0.0050% / 4h	47m 30s	$456K	$59K	30x
Short	Bitget BABYUSDT	0.01242	0.0100	get 0.0050% / 4h	47m 30s	$516K	$156K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.161%Rate

Funding earned: $0
Price spread: +0.161% → −0.043%: $20.41
Slippage, 4 orders: −$1,106.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,110.3
Costs to cover: 11.307%
Break-even: never at this rate

Slippage from KuCoin: live order book, 56 min ago; Bitget: live order book, 52 min ago.

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, 56 min ago	16.14 bp	731.5 bp −$731	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 52 min ago	8.07 bp	44.2 bp −$44	334.6 bp −$3,346	doesn't fit	doesn't fit

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	0.01243	+0.234%	$122K	$84K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01242	+0.187%	$7K	$8K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01242	+0.161%	$3.3M	$3.8M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01242	+0.137%	$834K	$684K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01242	+0.121%	$374K	$490K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01241	+0.081%	$142K	$68K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01242	+0.161%	$1.1M	$152K	20x	as long as short
KuCoin BABYUSDTMlong	+0.0100%	4h	0.01240	long leg	$456K	$59K	30x
Bitget BABYUSDTshort	+0.0100%	4h	0.01242	+0.161%	$516K	$156K	50x
BingX BABY-USDT	+0.0100%	4h	0.01242	+0.161%	—	$6.5M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BABY-USD	+0.0104%	1h	0.01242	+0.175%	$7K	$260K	5x	as long as short
BloFin BABY-USDT	+0.0141%	4h	0.01239	−0.081%	$280K	$28K	50x	as long as short