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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.00 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against BingX+0.159%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1211.213% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.159%, 7d avg −0.005%
Together, before fees−0.001%$0 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: BloFin is 0.164% dearer against BingX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BABY-USDT0.012570.0100pay 0.0050% / 4h13m 11s$6.5M
ShortBloFin BABY-USDT0.012590.0099get 0.0050% / 4h13m 11s$276K$26K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
−$0.12
Price spread: +0.159% → −0.005%
$16.37
Slippage, 4 orders
−$99.31
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$105.06
Costs to cover
1.213%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 19 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 BingX live order book, 8 min ago11.95 bp34.8 bp −$35123.0 bp −$1,230724.5 bp −$72.4Kdoesn't fit
Sell BloFin live order book, 19 min ago3.98 bp43.8 bp −$44110.8 bp −$1,108doesn'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
BloFin BABY-USDTshort+0.0099%4h0.01259+0.159%$276K$26K50x
Hyperliquid BABY+0.0100%1h0.01258+0.103%$126K$91K3xas long as short
Aster BABYUSDT+0.0100%4h0.01259+0.134%$6K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01258+0.114%$3.3M$4.0M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01259+0.119%$818K$702K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.01256−0.056%$375K$522K10xas long as short
Gate BABY_USDT+0.0100%4h0.012570.000%$146K$92K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01258+0.080%$1.1M$146K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01260+0.239%$464K$64K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01258+0.080%$514K$170K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDTlong+0.0100%4h0.01257long leg$6.5M
Extended BABY-USD+0.0104%1h0.01258+0.071%$1K$228K5xas long as short