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: KuCoin against OKX+0.159%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,338as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,306as in the Price arb table

costs, in and out, $10k−$1,31613.157% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.159%, 7d avg +0.066%

Together, before fees−0.416%−$42 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: KuCoin is 0.093% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BABY-USDT-SWAP	0.01254	0.0100	pay 0.0050% / 4h	2h 09m	$375K	$498K	10x
Short	KuCoin BABYUSDTM	0.01256	0.0100	get 0.0050% / 4h	2h 09m	$462K	$65K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.159%Rate

Funding earned: $0
Price spread: +0.159% → +0.066%: $9.32
Slippage, 4 orders: −$1,293.65
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,306.34
Costs to cover: 13.157%
Break-even: never at this rate

Slippage from OKX: live order book, 36 min ago; KuCoin: live order book, 49 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, 36 min ago	0.40 bp	32.3 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 49 min ago	24.12 bp	366.4 bp −$366	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	+0.0085%	4h	0.01257	+0.239%	$279K	$28K	50x	as long as short
Hyperliquid BABY	+0.0100%	1h	0.01256	+0.159%	$124K	$86K	3x	as long as short
Aster BABYUSDT	+0.0100%	4h	0.01257	+0.212%	$7K	$10K	5x	as long as short
Binance BABYUSDT	+0.0100%	4h	0.01256	+0.197%	$3.3M	$3.8M	50x	as long as short
Bybit BABYUSDT	+0.0100%	4h	0.01255	+0.104%	$851K	$675K	25x	as long as short
OKX BABY-USDT-SWAPlong	+0.0100%	4h	0.01254	long leg	$375K	$498K	10x
Gate BABY_USDT	+0.0100%	4h	0.01255	+0.080%	$144K	$80K	50x	as long as short
MEXC BABY_USDT	+0.0100%	4h	0.01256	+0.159%	$1.1M	$149K	20x	as long as short
KuCoin BABYUSDTMshort	+0.0100%	4h	0.01256	+0.159%	$462K	$65K	30x
Bitget BABYUSDT	+0.0100%	4h	0.01255	+0.080%	$522K	$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	0.01256	+0.159%	—	$6.5M	—	as long as short
Extended BABY-USD	+0.0104%	1h	0.01255	+0.108%	$614	$204K	5x	as long as short