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: OKX against KuCoin−0.096%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$678as in the Funding arb table

Net, price: spread back to 7d avg − costs−$703as in the Price arb table

costs, in and out, $10k−$7007.000% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)+0.165%+$16 · spread now −0.096%, 7d avg −0.065%

Together, before fees+0.385%+$38 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: OKX is 0.031% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BABYUSDTM	0.01254	0.0100	pay 0.0050% / 4h	3h 38m	$461K	$63K	30x
Short	OKX BABY-USDT-SWAP	0.01253	0.0100	get 0.0050% / 4h	3h 38m	$374K	$503K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.096%Rate

Funding earned: $0
Price spread: −0.096% → −0.065%: −$3.11
Slippage, 4 orders: −$678.01
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$703.12
Costs to cover: 7.000%
Break-even: never at this rate

Slippage from KuCoin: live order book, 34 min ago; OKX: live order book, 12 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, 34 min ago	27.81 bp	267.3 bp −$267	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 12 min ago	2.79 bp	34.4 bp −$34	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	0.01253	−0.056%	$123K	$86K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01254	−0.006%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01253	−0.080%	$3.3M	$3.9M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01254	+0.032%	$828K	$663K	25x	as long as short
OKX BABY-USDT-SWAPshort	+0.0100%	4h	0.01253	−0.096%	$374K	$503K	10x
Gate BABY_USDT	+0.0100%	4h	0.01254	0.000%	$144K	$82K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01253	−0.080%	$1.2M	$150K	20x	as long as short
KuCoin BABYUSDTMlong	+0.0100%	4h	0.01254	long leg	$461K	$63K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01255	+0.080%	$522K	$161K	50x	as long as short
BingX BABY-USDT	+0.0100%	4h	0.01254	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	0.01253	−0.046%	$4K	$230K	5x	as long as short
BloFin BABY-USDT	+0.0156%	4h	0.01254	0.000%	$277K	$26K	50x	as long as short