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

BANANA

all BANANA markets
SwapBacktest
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 −0.105%
Price spread now: Bybit against Binance−0.120%7-day average +0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$409as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$3913.913% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.175%−$17 on $10k
Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.120%, 7d avg +0.109%
Together, before fees+0.104%+$10 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: Bybit is 0.228% cheaper against Binance than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.109%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANANAUSDT4.12190.0100pay 0.0050% / 4h1h 58m$1.7M$1.6M25x
ShortBybit BANANAUSDT4.11700.0100get 0.0050% / 4h1h 58m$431K$434K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
Price spread: −0.120% → +0.109%
−$22.83
Slippage, 4 orders
−$370.26
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$414.09
Costs to cover
3.913%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 41 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 Binance live order book, 5 min ago2.43 bp26.2 bp −$26309.5 bp −$3,095doesn't fitdoesn't fit
Sell Bybit live order book, 41 min ago6.13 bp165.2 bp −$165doesn't fitdoesn't fitdoesn't fit

BANANA on 10 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 BANANA+0.0100%1h4.1244+0.059%$180K$73K3xas long as short
Binance BANANAUSDTlong+0.0100%4h4.1219long leg$1.7M$1.6M25x
Bybit BANANAUSDTshort+0.0100%4h4.1170−0.120%$431K$434K25x
Gate BANANA_USDT+0.0100%8h4.1130−0.217%$65K$51K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.1200−0.047%$561K$182K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.1120−0.241%$158K$40K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.1160−0.144%$261K$41K20xas long as short
BingX BANANA-USDT+0.0100%4h4.1190−0.071%$11.6Mas long as short
BloFin BANANA-USDT+0.0133%4h4.1190−0.071%$112K$20K25xas long as short
Kraken Futures PF_BANANAUSD+0.1168%1h4.1295+0.184%$7K$3K10xas long as short