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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANANAUSDT | 4.1219 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $1.7M | $1.6M | 25x |
| Short | Bybit BANANAUSDT | 4.1170 | 0.0100 | get 0.0050% / 4h | 1h 58m | $431K | $434K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 2.43 bp | 26.2 bp −$26 | 309.5 bp −$3,095 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 41 min ago | 6.13 bp | 165.2 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
BANANA on 10 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 BANANA | +0.0100% | 1h | 4.1244 | +0.059% | $180K | $73K | 3x | as long as short |
| Binance BANANAUSDTlong | +0.0100% | 4h | 4.1219 | long leg | $1.7M | $1.6M | 25x | |
| Bybit BANANAUSDTshort | +0.0100% | 4h | 4.1170 | −0.120% | $431K | $434K | 25x | |
| Gate BANANA_USDT | +0.0100% | 8h | 4.1130 | −0.217% | $65K | $51K | 25x | as long as short |
| MEXC BANANA_USDT | +0.0100% | 4h | 4.1200 | −0.047% | $561K | $182K | 20x | as long as short |
| KuCoin BANANAUSDTM | +0.0100% | 4h | 4.1120 | −0.241% | $158K | $40K | 20x | as long as short |
| Bitget BANANAUSDT | +0.0100% | 4h | 4.1160 | −0.144% | $261K | $41K | 20x | as long as short |
| BingX BANANA-USDT | +0.0100% | 4h | 4.1190 | −0.071% | — | $11.6M | — | as long as short |
| BloFin BANANA-USDT | +0.0133% | 4h | 4.1190 | −0.071% | $112K | $20K | 25x | as long as short |
| Kraken Futures PF_BANANAUSD | +0.1168% | 1h | 4.1295 | +0.184% | $7K | $3K | 10x | as long as short |
Binance BANANAUSDT
Bybit BANANAUSDT
Hyperliquid BANANA
Gate BANANA_USDT
MEXC BANANA_USDT
KuCoin BANANAUSDTM
Bitget BANANAUSDT
BingX BANANA-USDT
BloFin BANANA-USDT
Kraken Futures PF_BANANAUSD