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

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate0.000%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.202%−$20 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now 0.000%, 7d avg +0.022%
Together, before fees−0.176%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 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: Hyperliquid is 0.022% 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 +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BABY_USDT0.012550.0100pay 0.0050% / 4h3h 49m$144K$81K50x
ShortHyperliquid BABY0.012550.0100get 0.0013% / 1h49m 38s$124K$86K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: 0.000% → +0.022%
−$2.24
Slippage, 4 orders
−$107.19
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$133.43
Costs to cover
1.312%
Break-even
never at this rate
Slippage from Gate: live order book, 61 min ago; Hyperliquid: live order book, 29 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 Gate live order book, 61 min ago12.07 bp39.4 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 29 min ago1.99 bp25.9 bp −$26doesn't fitdoesn'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-USDT+0.0055%4h0.01257+0.159%$275K$26K50xas long as short
Hyperliquid BABYshort+0.0100%1h0.012550.000%$124K$86K3x
Aster BABYUSDT+0.0100%4h0.01255+0.029%$7K$10K5xas long as short
Binance BABYUSDT+0.0100%4h0.01256+0.041%$3.3M$3.9M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01256+0.072%$819K$662K25xas long as short
OKX BABY-USDT-SWAP+0.0100%4h0.012550.000%$377K$511K10xas long as short
Gate BABY_USDTlong+0.0100%4h0.01255long leg$144K$81K50x
MEXC BABY_USDT+0.0100%4h0.01256+0.080%$1.2M$149K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01256+0.080%$462K$63K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01256+0.080%$523K$174K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BABY-USDT+0.0100%4h0.012550.000%$6.5Mas long as short
Extended BABY-USD+0.0104%1h0.01255+0.013%$4K$233K5xas long as short