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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against KuCoin+0.160%50s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,438as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,46114.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.231%+$23 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.160%, 7d avg −0.039%
Together, before fees+0.244%+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.199% dearer against KuCoin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.039%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BABYUSDTM0.012510.0100pay 0.0050% / 4h34m 18s$460K$64K30x
ShortBloFin BABY-USDT0.012530.0135get 0.0068% / 4h34m 18s$275K$25K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$7.45
Price spread: +0.160% → −0.039%
$19.9
Slippage, 4 orders
−$1,437.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,434.12
Costs to cover
14.615%
Break-even
1354.9 days
Slippage from KuCoin: live order book, 48 min ago; BloFin: live order book, 65 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 KuCoin live order book, 48 min ago19.94 bp1087.4 bp −$1,087doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 65 min ago12.06 bp41.8 bp −$42109.1 bp −$1,091doesn'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 BABY+0.0100%1h0.01253+0.128%$126K$92K3xas long as short
Aster BABYUSDT+0.0100%4h0.01253+0.130%$6K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01252+0.091%$3.3M$4.0M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01253+0.136%$814K$709K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01252+0.048%$376K$518K10xas long as short
Gate BABY_USDT+0.0100%4h0.012510.000%$142K$90K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01252+0.080%$1.2M$138K20xas long as short
KuCoin BABYUSDTMlong+0.0100%4h0.01251long leg$460K$64K30x
Bitget BABYUSDT+0.0100%4h0.01252+0.080%$512K$171K50xas long as short
BingX BABY-USDT+0.0100%4h0.01252+0.080%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01252+0.073%$1K$228K5xas long as short
BloFin BABY-USDTshort+0.0135%4h0.01253+0.160%$275K$25K50x