Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against Binance−0.101%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1371.374% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.145%−$14 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.101%, 7d avg −0.030%

Together, before fees−0.130%−$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: Gate is 0.070% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BABYUSDT	0.01257	0.0100	pay 0.0050% / 4h	14m 34s	$3.3M	$4.0M	50x
Short	Gate BABY_USDT	0.01256	0.0100	get 0.0050% / 4h	14m 34s	$146K	$92K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.101%Rate

Funding earned: $0
Price spread: −0.101% → −0.030%: −$7.03
Slippage, 4 orders: −$112.4
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$144.44
Costs to cover: 1.374%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Gate: 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 Binance live order book, 7 min ago	3.98 bp	26.8 bp −$27	238.1 bp −$2,381	doesn't fit	doesn't fit
Sell Gate live order book, 36 min ago	12.07 bp	41.5 bp −$42	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	+0.0059%	4h	0.01255	−0.180%	$276K	$26K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01258	+0.027%	$126K	$91K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01257	−0.012%	$6K	$9K	5x	as long as short
Binance BABYUSDTlong	+0.0100%	4h	0.01257	long leg	$3.3M	$4.0M	50x
Bybit BABYUSDT	+0.0100%	4h	0.01257	−0.053%	$816K	$702K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01256	−0.117%	$375K	$521K	10x	as long as short
Gate BABY_USDTshort	+0.0100%	4h	0.01256	−0.101%	$146K	$92K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01257	−0.021%	$1.2M	$139K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01258	+0.058%	$463K	$64K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01258	+0.058%	$514K	$170K	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	−0.101%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01257	−0.027%	$1K	$228K	5x	as long as short