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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance−0.008%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$850.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.347%−$35 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.008%, 7d avg −0.011%
Together, before fees−0.321%+ Points / potential airdropHyperliquid: Season 2 · farm board−$32 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BABYUSDT0.012250.0100pay 0.0050% / 4h2h 08m$3.3M$4.1M50x
ShortHyperliquid BABY0.012250.0100get 0.0013% / 1h8m 15s$124K$94K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: −0.008% → −0.011%
$0.31
Slippage, 4 orders
−$66.32
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$85.01
Costs to cover
0.853%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Hyperliquid: 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 Binance live order book, 14 min ago4.07 bp17.3 bp −$17209.0 bp −$2,090doesn't fitdoesn't fit
Sell Hyperliquid live order book, 1 min ago2.04 bp20.9 bp −$21doesn'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 BABYshort+0.0100%1h0.01225−0.008%$124K$94K3x
Aster BABYUSDT+0.0100%4h0.01226+0.061%$5K$9K5xas long as short
Binance BABYUSDTlong+0.0100%4h0.01225long leg$3.3M$4.1M50x
Bybit BABYUSDT+0.0100%4h0.01225−0.008%$802K$780K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01224−0.082%$363K$519K10xas long as short
Gate BABY_USDT+0.0100%4h0.012250.000%$145K$111K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01224−0.082%$1.1M$143K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01224−0.082%$429K$51K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01226+0.082%$523K$168K50xas long as short
BingX BABY-USDT+0.0100%4h0.01224−0.082%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USD+0.0104%1h0.01225−0.012%$4K$215K5xas long as short
BloFin BABY-USDT+0.0110%4h0.012250.000%$253K$25K50xas long as short