Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin0.000%7-day average −0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$551as in the Funding arb table

Net, price: spread back to 7d avg − costs−$555as in the Price arb table

costs, in and out, $10k−$5615.615% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.067%

Together, before fees+0.107%+$11 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: Gate is 0.067% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BABYUSDTM	0.01238	0.0100	pay 0.0050% / 4h	3h 36m	$470K	$63K	30x
Short	Gate BABY_USDT	0.01238	0.0100	get 0.0050% / 4h	3h 36m	$140K	$67K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.067%: $6.73
Slippage, 4 orders: −$534.48
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$554.75
Costs to cover: 5.615%
Break-even: never at this rate

Slippage from KuCoin: live order book, 57 min ago; Gate: live order book, 54 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, 57 min ago	24.27 bp	247.1 bp −$247	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 54 min ago	8.10 bp	41.6 bp −$42	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	0.01239	+0.081%	$123K	$85K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01238	−0.005%	$7K	$8K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01239	+0.107%	$3.3M	$3.8M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01238	0.000%	$826K	$681K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01237	−0.081%	$375K	$492K	10x	as long as short
Gate BABY_USDTshort	+0.0100%	4h	0.01238	0.000%	$140K	$67K	50x
MEXC BABY_USDT	+0.0100%	4h	0.01238	0.000%	$1.1M	$157K	20x	as long as short
KuCoin BABYUSDTMlong	+0.0100%	4h	0.01238	long leg	$470K	$63K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01238	0.000%	$503K	$183K	50x	as long as short
BingX BABY-USDT	+0.0100%	4h	0.01238	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	0.01239	+0.081%	$1K	$270K	5x	as long as short
BloFin BABY-USDT	+0.0132%	4h	0.01238	0.000%	$281K	$28K	50x	as long as short