Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance−0.038%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1181.183% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days+0.156%+$16 · spread now −0.038%, 7d avg −0.009%

Together, before fees+0.159%+$16 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 0.029% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BABYUSDT	0.01223	0.0100	pay 0.0050% / 4h	1h 59m	$3.3M	$4.1M	50x
Short	Bitget BABYUSDT	0.01223	0.0100	get 0.0050% / 4h	1h 59m	$522K	$168K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.038%Rate

Funding earned: $0
Price spread: −0.038% → −0.009%: −$2.87
Slippage, 4 orders: −$96.33
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$121.19
Costs to cover: 1.183%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Bitget: 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 Binance live order book, 7 min ago	4.09 bp	22.2 bp −$22	191.5 bp −$1,915	doesn't fit	doesn't fit
Sell Bitget live order book, 20 min ago	12.24 bp	39.7 bp −$40	277.9 bp −$2,779	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	+0.0067%	4h	0.01225	+0.126%	$253K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01222	−0.120%	$123K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01223	−0.042%	$5K	$9K	5x	as long as short
Binance BABYUSDTlong	+0.0100%	4h	0.01223	long leg	$3.3M	$4.1M	50x
Bybit BABYUSDT	+0.0100%	4h	0.01223	−0.022%	$798K	$781K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01223	−0.071%	$361K	$520K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01223	−0.038%	$145K	$109K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01222	−0.120%	$1.1M	$136K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01222	−0.120%	$428K	$51K	30x	as long as short
Bitget BABYUSDTshort	+0.0100%	4h	0.01223	−0.038%	$522K	$168K	50x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01222	−0.120%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01223	−0.055%	$4K	$215K	5x	as long as short