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: Gate against MEXC−0.080%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$980.984% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.143%−$14 on $10k

Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.080%, 7d avg −0.012%

Together, before fees+0.045%+$4 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 0.068% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BABY_USDT	0.01252	0.0100	pay 0.0050% / 4h	2h 46m	$1.2M	$137K	20x
Short	Gate BABY_USDT	0.01251	0.0100	get 0.0050% / 4h	2h 46m	$144K	$79K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.080%Rate

Funding earned: $0
Price spread: −0.080% → −0.012%: −$6.76
Slippage, 4 orders: −$75.42
Fee MEXC: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$105.18
Costs to cover: 0.984%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 59 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, 5 min ago	3.99 bp	8.0 bp −$8	38.0 bp −$380	234.5 bp −$23.5K	doesn't fit
Sell Gate live order book, 59 min ago	11.96 bp	40.6 bp −$41	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
BloFin BABY-USDT	+0.0074%	4h	0.01253	+0.080%	$279K	$28K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01252	+0.016%	$123K	$86K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01252	+0.016%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01252	0.000%	$3.3M	$3.8M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01252	+0.024%	$817K	$665K	25x	as long as short
OKX BABY-USDT-SWAP	+0.0100%	4h	0.01251	−0.080%	$374K	$495K	10x	as long as short
Gate BABY_USDTshort	+0.0100%	4h	0.01251	−0.080%	$144K	$79K	50x
MEXC BABY_USDTlong	+0.0100%	4h	0.01252	long leg	$1.2M	$137K	20x
KuCoin BABYUSDTM	+0.0100%	4h	0.01253	+0.080%	$461K	$63K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01252	0.000%	$520K	$155K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BABY-USDT	+0.0100%	4h	0.01252	0.000%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01252	−0.027%	$4K	$205K	5x	as long as short