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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX+0.067%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1501.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.067%, 7d avg −0.004%
Together, before fees−0.131%+ Points / potential airdropExtended: Active · farm board−$13 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: Extended is 0.071% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BABY-USDT-SWAP0.012390.0100pay 0.0050% / 4h1h 40m$371K$500K10x
ShortExtended BABY-USD0.012390.0104get 0.0013% / 1h40m 22s$5K$207K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$0.84
Price spread: +0.067% → −0.004%
$7.13
Slippage, 4 orders
−$135.41
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$142.43
Costs to cover
1.504%
Break-even
1194.0 days
Slippage from OKX: live order book, 65 min ago; Extended: live order book, 1 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 OKX live order book, 65 min ago0.40 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 1 min ago7.25 bp48.5 bp −$49doesn't fitdoesn'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%1h0.01239+0.065%$123K$89K3xas long as short
Aster BABYUSDT+0.0100%4h0.01240+0.083%$7K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01239+0.004%$3.3M$3.9M50xas long as short
Bybit BABYUSDT+0.0100%4h0.012390.000%$828K$693K25xas long as short
OKX BABY-USDT-SWAPlong+0.0100%4h0.01239long leg$371K$500K10x
Gate BABY_USDT+0.0100%4h0.01240+0.121%$139K$68K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01239+0.040%$1.1M$149K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01239+0.040%$456K$65K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01239+0.040%$520K$157K50xas long as short
BingX BABY-USDT+0.0100%4h0.01239+0.040%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USDshort+0.0104%1h0.01239+0.067%$5K$207K5x
BloFin BABY-USDT+0.0114%4h0.01241+0.202%$279K$28K50xas long as short