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: OKX against MEXC−0.048%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$810.815% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 7 days+0.091%+$9 · spread now −0.048%, 7d avg +0.031%

Together, before fees+0.060%+$6 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 0.079% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BABY_USDT	0.01256	0.0100	pay 0.0050% / 4h	2h 09m	$1.1M	$149K	20x
Short	OKX BABY-USDT-SWAP	0.01255	0.0100	get 0.0050% / 4h	2h 09m	$375K	$499K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.048%Rate

Funding earned: $0
Price spread: −0.048% → +0.031%: −$7.88
Slippage, 4 orders: −$63.48
Fee MEXC: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$89.35
Costs to cover: 0.815%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 36 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, 1 min ago	3.98 bp	8.0 bp −$8	45.9 bp −$459	227.1 bp −$22.7K	300.0 bp −$150.0K
Sell OKX live order book, 36 min ago	0.40 bp	33.2 bp −$33	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
BloFin BABY-USDT	+0.0085%	4h	0.01257	+0.080%	$279K	$28K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01256	+0.016%	$124K	$86K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01256	+0.007%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01257	+0.047%	$3.3M	$3.8M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01256	+0.016%	$851K	$675K	25x	as long as short
OKX BABY-USDT-SWAPshort	+0.0100%	4h	0.01255	−0.048%	$375K	$499K	10x
Gate BABY_USDT	+0.0100%	4h	0.01255	−0.080%	$144K	$80K	50x	as long as short
MEXC BABY_USDTlong	+0.0100%	4h	0.01256	long leg	$1.1M	$149K	20x
KuCoin BABYUSDTM	+0.0100%	4h	0.01256	0.000%	$462K	$65K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01256	0.000%	$522K	$155K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01256	0.000%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01256	−0.023%	$614	$204K	5x	as long as short