Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against BingX−0.081%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,106as in the Price arb table

costs, in and out, $10k−$1,09510.951% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.288%−$29 on $10k

Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.081%, 7d avg +0.033%

Together, before fees−0.190%−$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: KuCoin is 0.114% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BABY-USDT	0.01240	0.0100	pay 0.0050% / 4h	1h 39m	—	$6.5M	—
Short	KuCoin BABYUSDTM	0.01239	0.0100	get 0.0050% / 4h	1h 39m	$456K	$65K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BingXbpFee KuCoinbpOrdersPrice spread, now −0.081%Rate

Funding earned: $0
Price spread: −0.081% → +0.033%: −$11.35
Slippage, 4 orders: −$1,073.14
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,106.49
Costs to cover: 10.951%
Break-even: never at this rate

Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 4 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 BingX live order book, 12 min ago	12.06 bp	25.4 bp −$25	129.6 bp −$1,296	727.5 bp −$72.7K	1269.0 bp −$634.5K
Sell KuCoin live order book, 4 min ago	16.14 bp	311.8 bp −$312	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
Hyperliquid BABY	+0.0100%	1h	0.01240	+0.024%	$123K	$85K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01240	−0.010%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01240	−0.002%	$3.3M	$3.9M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01240	−0.032%	$829K	$693K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01240	−0.032%	$371K	$501K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01240	0.000%	$139K	$68K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01239	−0.081%	$1.1M	$149K	20x	as long as short
KuCoin BABYUSDTMshort	+0.0100%	4h	0.01239	−0.081%	$456K	$65K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01240	0.000%	$521K	$157K	50x	as long as short
BingX BABY-USDTlong	+0.0100%	4h	0.01240	long leg	—	$6.5M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BABY-USD	+0.0104%	1h	0.01240	−0.036%	$5K	$207K	5x	as long as short
BloFin BABY-USDT	+0.0125%	4h	0.01241	+0.081%	$279K	$28K	50x	as long as short