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 OKX+0.040%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1361.358% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days−0.076%−$8 · spread now +0.040%, 7d avg −0.018%

Together, before fees−0.044%−$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: Binance is 0.059% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BABY-USDT-SWAP	0.01238	0.0100	pay 0.0050% / 4h	10m 23s	$376K	$498K	10x
Short	Binance BABYUSDT	0.01238	0.0100	get 0.0050% / 4h	10m 23s	$3.3M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → −0.018%: $5.88
Slippage, 4 orders: −$115.84
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$129.96
Costs to cover: 1.358%
Break-even: never at this rate

Slippage from OKX: live order book, 25 min ago; Binance: live order book, 11 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 OKX live order book, 25 min ago	1.62 bp	38.8 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 11 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
BloFin BABY-USDT	+0.0079%	4h	0.01236	−0.121%	$279K	$28K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01239	+0.162%	$123K	$88K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01238	+0.035%	$7K	$8K	5x	as long as short
Binance BABYUSDTshort	+0.0100%	4h	0.01238	+0.040%	$3.3M	$3.9M	50x
Bybit BABYUSDT	+0.0100%	4h	0.01239	+0.145%	$833K	$681K	25x	as long as short
OKX BABY-USDT-SWAPlong	+0.0100%	4h	0.01238	long leg	$376K	$498K	10x
Gate BABY_USDT	+0.0100%	4h	0.01237	−0.040%	$140K	$70K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01238	+0.040%	$1.1M	$159K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01237	−0.040%	$469K	$63K	30x	as long as short
Bitget BABYUSDT	+0.0100%	4h	0.01238	+0.040%	$503K	$190K	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	0.01238	+0.040%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01238	+0.013%	$136	$273K	5x	as long as short