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: Binance against KuCoin+0.067%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$504as in the Funding arb table

Net, price: spread back to 7d avg − costs−$519as in the Price arb table

costs, in and out, $10k−$5295.294% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.067%, 7d avg −0.035%

Together, before fees+0.232%+$23 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 0.102% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BABYUSDTM	0.01237	0.0100	pay 0.0050% / 4h	7m 34s	$469K	$63K	30x
Short	Binance BABYUSDT	0.01238	0.0100	get 0.0050% / 4h	7m 34s	$3.3M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.067%Rate

Funding earned: $0
Price spread: +0.067% → −0.035%: $10.18
Slippage, 4 orders: −$507.41
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$519.23
Costs to cover: 5.294%
Break-even: never at this rate

Slippage from KuCoin: live order book, 26 min ago; Binance: live order book, 14 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 KuCoin live order book, 26 min ago	24.27 bp	247.1 bp −$247	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	4.06 bp	28.1 bp −$28	164.8 bp −$1,648	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	0.01239	+0.146%	$123K	$88K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01237	+0.032%	$7K	$8K	5x	as long as short
Binance BABYUSDTshort	+0.0100%	4h	0.01238	+0.067%	$3.3M	$3.9M	50x
Bybit BABYUSDT	+0.0100%	4h	0.01238	+0.057%	$832K	$681K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01236	−0.073%	$377K	$497K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01236	−0.081%	$140K	$70K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01237	0.000%	$1.1M	$159K	20x	as long as short
KuCoin BABYUSDTMlong	+0.0100%	4h	0.01237	long leg	$469K	$63K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01237	0.000%	$503K	$190K	50x	as long as short
BingX BABY-USDT	+0.0100%	4h	0.01237	0.000%	—	$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	0.01237	+0.036%	$136	$273K	5x	as long as short
BloFin BABY-USDT	+0.0129%	4h	0.01239	+0.162%	$280K	$28K	50x	as long as short