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: KuCoin against MEXC+0.081%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,084as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,057as in the Price arb table

costs, in and out, $10k−$1,05910.593% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.251%−$25 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.081%, 7d avg +0.055%

Together, before fees−0.297%−$30 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: KuCoin is 0.026% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BABY_USDT	0.01238	0.0100	pay 0.0050% / 4h	1h 23m	$1.1M	$150K	20x
Short	KuCoin BABYUSDTM	0.01239	0.0100	get 0.0050% / 4h	1h 23m	$456K	$64K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → +0.055%: $2.59
Slippage, 4 orders: −$1,039.33
Fee MEXC: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,056.74
Costs to cover: 10.593%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 20 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 MEXC live order book, 3 min ago	4.04 bp	8.0 bp −$8	49.4 bp −$494	236.1 bp −$23.6K	doesn't fit
Sell KuCoin live order book, 20 min ago	16.14 bp	311.8 bp −$312	doesn't fit	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	0.01240	+0.178%	$122K	$85K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01239	+0.112%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01240	+0.138%	$3.3M	$3.9M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01239	+0.081%	$829K	$693K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01239	+0.089%	$370K	$496K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01238	0.000%	$141K	$70K	50x	as long as short
MEXC BABY_USDTlong	+0.0100%	4h	0.01238	long leg	$1.1M	$150K	20x
KuCoin BABYUSDTMshort	+0.0100%	4h	0.01239	+0.081%	$456K	$64K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01239	+0.081%	$513K	$152K	50x	as long as short
BingX BABY-USDT	+0.0100%	4h	0.01238	0.000%	—	$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	0.01239	+0.117%	$557	$209K	5x	as long as short
BloFin BABY-USDT	+0.0125%	4h	0.01241	+0.242%	$279K	$28K	50x	as long as short