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: Bitget against OKX+0.056%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1471.467% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 7 days−0.090%−$9 · spread now +0.056%, 7d avg −0.034%

Together, before fees−0.055%−$6 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: Bitget is 0.089% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BABY-USDT-SWAP	0.01255	0.0100	pay 0.0050% / 4h	3h 44m	$377K	$512K	10x
Short	Bitget BABYUSDT	0.01256	0.0100	get 0.0050% / 4h	3h 44m	$523K	$173K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → −0.034%: $8.94
Slippage, 4 orders: −$124.66
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$137.72
Costs to cover: 1.467%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; Bitget: live order book, 5 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, 6 min ago	2.79 bp	31.3 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	11.95 bp	44.4 bp −$44	255.6 bp −$2,556	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	0.01255	0.000%	$124K	$87K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01255	−0.018%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01255	+0.014%	$3.3M	$3.9M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01256	+0.032%	$822K	$663K	25x	as long as short
OKX BABY-USDT-SWAPlong	+0.0100%	4h	0.01255	long leg	$377K	$512K	10x
Gate BABY_USDT	+0.0100%	4h	0.01255	−0.024%	$144K	$81K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01255	−0.024%	$1.2M	$150K	20x	as long as short
KuCoin BABYUSDTM	+0.0100%	4h	0.01256	+0.056%	$462K	$63K	30x	as long as short
Bitget BABYUSDTshort	+0.0100%	4h	0.01256	+0.056%	$523K	$173K	50x
BingX BABY-USDT	+0.0100%	4h	0.01255	−0.024%	—	$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	0.01255	+0.016%	$4K	$233K	5x	as long as short
BloFin BABY-USDT	+0.0137%	4h	0.01255	−0.024%	$275K	$26K	50x	as long as short