Funding arb · Price arb /

BABY

all BABY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against MEXC0.000%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$810.807% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 7 days+0.076%+$8 · spread now 0.000%, 7d avg +0.035%

Together, before fees+0.114%+$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: BingX is 0.035% cheaper against MEXC than usual: you would sell low and buy high, −$3 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	MEXC BABY_USDT	0.01239	0.0100	pay 0.0050% / 4h	1h 01m	$1.2M	$144K	20x
Short	BingX BABY-USDT	0.01239	0.0100	get 0.0050% / 4h	1h 01m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.035%: −$3.46
Slippage, 4 orders: −$62.66
Fee MEXC: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$84.12
Costs to cover: 0.807%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 4 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 MEXC live order book, 4 min ago	4.03 bp	8.0 bp −$8	45.3 bp −$453	228.5 bp −$22.9K	307.7 bp −$153.9K
Sell BingX live order book, 4 min ago	8.06 bp	36.5 bp −$37	130.1 bp −$1,301	721.8 bp −$72.2K	1232.3 bp −$616.2K

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	0.01240	+0.089%	$125K	$91K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01239	+0.008%	$5K	$9K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01239	+0.028%	$3.3M	$4.0M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01239	+0.016%	$796K	$706K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01239	0.000%	$370K	$510K	10x	as long as short
Gate BABY_USDT	+0.0100%	4h	0.01240	+0.081%	$142K	$91K	50x	as long as short
MEXC BABY_USDTlong	+0.0100%	4h	0.01239	long leg	$1.2M	$144K	20x
KuCoin BABYUSDTM	+0.0100%	4h	0.01239	0.000%	$456K	$65K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01239	0.000%	$507K	$168K	50x	as long as short
BingX BABY-USDTshort	+0.0100%	4h	0.01239	0.000%	—	$6.5M	—

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	+0.002%	$690	$229K	5x	as long as short
BloFin BABY-USDT	+0.0121%	4h	0.01240	+0.081%	$271K	$25K	50x	as long as short