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: Bitget against Gate0.000%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$149as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1631.633% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now 0.000%, 7d avg +0.021%

Together, before fees+0.032%+$3 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: Bitget is 0.021% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BABY_USDT	0.01251	0.0100	pay 0.0050% / 4h	3h 27m	$144K	$82K	50x
Short	Bitget BABYUSDT	0.01251	0.0100	get 0.0050% / 4h	3h 27m	$520K	$161K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.021%: −$2.15
Slippage, 4 orders: −$136.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$165.5
Costs to cover: 1.633%
Break-even: never at this rate

Slippage from Gate: live order book, 19 min ago; Bitget: live order book, 23 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 Gate live order book, 19 min ago	11.96 bp	41.8 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 23 min ago	11.95 bp	44.4 bp −$44	255.6 bp −$2,556	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	+0.0046%	4h	0.01252	+0.080%	$280K	$26K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01251	0.000%	$123K	$87K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01252	+0.042%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01251	0.000%	$3.3M	$3.8M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01252	+0.048%	$825K	$663K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01250	−0.096%	$373K	$498K	10x	as long as short
Gate BABY_USDTlong	+0.0100%	4h	0.01251	long leg	$144K	$82K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01251	0.000%	$1.2M	$151K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01252	+0.080%	$461K	$63K	30x	as long as short
Bitget BABYUSDTshort	+0.0100%	4h	0.01251	0.000%	$520K	$161K	50x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01251	0.000%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01251	+0.010%	$4K	$230K	5x	as long as short