Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Binance against Bybit+0.071%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1431.430% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.229%+$23 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.071%, 7d avg −0.045%

Together, before fees+0.161%+$16 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: Binance is 0.116% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BABYUSDT	0.01229	0.0100	pay 0.0050% / 4h	1h 45m	$804K	$782K	25x
Short	Binance BABYUSDT	0.01230	0.0100	get 0.0050% / 4h	1h 45m	$3.3M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → −0.045%: $11.59
Slippage, 4 orders: −$121.96
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$131.37
Costs to cover: 1.430%
Break-even: never at this rate

Slippage from Bybit: live order book, 35 min ago; Binance: live order book, 7 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 Bybit live order book, 35 min ago	3.67 bp	53.4 bp −$53	284.4 bp −$2,844	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	4.09 bp	21.1 bp −$21	201.3 bp −$2,013	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	+0.0051%	4h	0.01229	+0.024%	$257K	$25K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01228	−0.024%	$125K	$94K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01228	−0.064%	$5K	$9K	5x	as long as short
Binance BABYUSDTshort	+0.0100%	4h	0.01230	+0.071%	$3.3M	$4.1M	50x
Bybit BABYUSDTlong	+0.0100%	4h	0.01229	long leg	$804K	$782K	25x
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01228	−0.033%	$363K	$522K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01228	−0.057%	$145K	$110K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01228	−0.057%	$1.1M	$136K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01227	−0.138%	$430K	$51K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01229	+0.024%	$524K	$166K	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	0.01228	−0.057%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01228	−0.030%	$4K	$215K	5x	as long as short