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: Bybit against Binance−0.041%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1511.507% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.229%−$23 on $10k

Price spread, last 7 days+0.039%+$4 · spread now −0.041%, 7d avg +0.045%

Together, before fees−0.191%−$19 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: Bybit is 0.087% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BABYUSDT	0.01230	0.0100	pay 0.0050% / 4h	1h 03m	$3.3M	$4.1M	50x
Short	Bybit BABYUSDT	0.01229	0.0100	get 0.0050% / 4h	1h 03m	$803K	$770K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → +0.045%: −$8.66
Slippage, 4 orders: −$129.67
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$159.33
Costs to cover: 1.507%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 11 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, 3 min ago	4.07 bp	23.1 bp −$23	231.2 bp −$2,312	doesn't fit	doesn't fit
Sell Bybit live order book, 11 min ago	2.04 bp	50.7 bp −$51	336.8 bp −$3,368	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	+0.0043%	4h	0.01228	−0.123%	$258K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01230	+0.056%	$124K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01229	−0.042%	$5K	$9K	5x	as long as short
Binance BABYUSDTlong	+0.0100%	4h	0.01230	long leg	$3.3M	$4.1M	50x
Bybit BABYUSDTshort	+0.0100%	4h	0.01229	−0.041%	$803K	$770K	25x
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01230	+0.073%	$363K	$532K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01228	−0.123%	$146K	$110K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01229	−0.041%	$1.1M	$139K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01227	−0.204%	$436K	$54K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01229	−0.041%	$525K	$169K	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	0.01230	+0.040%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01229	−0.021%	$4K	$215K	5x	as long as short