Settings8H · net · $10k
Funding arb · Price arb /

BABY

all BABY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.140%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1441.436% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.140%, 7d avg −0.005%
Together, before fees+0.062%+ Points / potential airdropExtended: Active · farm board+$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: Extended is 0.135% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BABY-USDT-SWAP0.012400.0100pay 0.0050% / 4h1h 03m$370K$515K10x
ShortExtended BABY-USD0.012390.0104get 0.0013% / 1h3m 28s$690$229K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.140% → −0.005%
−$13.49
Slippage, 4 orders
−$128.58
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$156.23
Costs to cover
1.436%
Break-even
1308.9 days
Slippage from OKX: live order book, 57 min ago; Extended: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 57 min ago3.21 bp32.1 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 58 min ago6.43 bp43.1 bp −$43doesn't fitdoesn't fitdoesn't fit

BABY on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid BABY+0.0100%1h0.01241+0.032%$125K$91K3xas long as short
Aster BABYUSDT+0.0100%4h0.01239−0.088%$5K$9K5xas long as short
Binance BABYUSDT+0.0100%4h0.01240−0.008%$3.3M$4.0M50xas long as short
Bybit BABYUSDT+0.0100%4h0.01240−0.032%$797K$709K25xas long as short
OKX BABY-USDT-SWAPlong+0.0100%4h0.01240long leg$370K$515K10x
Gate BABY_USDT+0.0100%4h0.01240−0.024%$142K$91K50xas long as short
MEXC BABY_USDT+0.0100%4h0.01239−0.105%$1.2M$144K20xas long as short
KuCoin BABYUSDTM+0.0100%4h0.01240−0.024%$456K$64K30xas long as short
Bitget BABYUSDT+0.0100%4h0.01239−0.105%$507K$173K50xas long as short
BingX BABY-USDT+0.0100%4h0.01240−0.024%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BABY-USDshort+0.0104%1h0.01239−0.140%$690$229K5x
BloFin BABY-USDT+0.0144%4h0.01242+0.137%$272K$25K50xas long as short