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 0.000%

Price spread now: KuCoin against Bitget+0.081%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,494as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,465as in the Price arb table

costs, in and out, $10k−$1,46914.687% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.255%−$25 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.081%, 7d avg +0.044%

Together, before fees−0.249%−$25 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 0.036% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BABYUSDT	0.01240	0.0100	pay 0.0050% / 4h	1h 02m	$507K	$173K	50x
Short	KuCoin BABYUSDTM	0.01241	0.0100	get 0.0050% / 4h	1h 02m	$457K	$65K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → +0.044%: $3.63
Slippage, 4 orders: −$1,444.73
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,465.1
Costs to cover: 14.687%
Break-even: never at this rate

Slippage from Bitget: live order book, 57 min ago; KuCoin: live order book, 20 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 Bitget live order book, 57 min ago	8.03 bp	31.5 bp −$31	343.3 bp −$3,433	doesn't fit	doesn't fit
Sell KuCoin live order book, 20 min ago	19.94 bp	307.9 bp −$308	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	0.01241	+0.073%	$125K	$91K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01240	−0.019%	$5K	$9K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01240	+0.008%	$3.3M	$4.0M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01240	−0.008%	$797K	$708K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01239	−0.073%	$370K	$514K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01241	+0.081%	$142K	$91K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01239	−0.081%	$1.2M	$144K	20x	as long as short
KuCoin BABYUSDTMshort	+0.0100%	4h	0.01241	+0.081%	$457K	$65K	30x
Bitget BABYUSDTlong	+0.0100%	4h	0.01240	long leg	$507K	$173K	50x
BingX BABY-USDT	+0.0100%	4h	0.01239	−0.081%	—	$6.5M	—	as long as short

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	+0.017%	$690	$229K	5x	as long as short
BloFin BABY-USDT	+0.0121%	4h	0.01240	0.000%	$271K	$25K	50x	as long as short