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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.054%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1351.350% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.054%, 7d avg +0.055%
Together, before fees+0.070%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANANAUSDT4.10400.0100pay 0.0050% / 4h3h 39m$1.7M$1.4M25x
ShortHyperliquid BANANA4.10620.0100get 0.0013% / 1h39m 27s$177K$62K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.054% → +0.055%
−$0.12
Slippage, 4 orders
−$115.98
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$135.1
Costs to cover
1.350%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Hyperliquid: live order book, 70 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, 9 min ago3.64 bp25.7 bp −$26331.8 bp −$3,318doesn't fitdoesn't fit
Sell Hyperliquid live order book, 70 min ago1.95 bp36.6 bp −$37doesn'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 BANANAshort+0.0100%1h4.1062+0.054%$177K$62K3x
Binance BANANAUSDTlong+0.0100%4h4.1040long leg$1.7M$1.4M25x
Bybit BANANAUSDT+0.0100%4h4.1090+0.122%$427K$428K25xas long as short
Gate BANANA_USDT+0.0100%8h4.1090+0.122%$63K$51K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.1030−0.024%$571K$175K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.1100+0.146%$158K$33K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.1060+0.049%$260K$34K20xas long as short
BingX BANANA-USDT+0.0100%4h4.1080+0.097%$11.6Mas long as short
BloFin BANANA-USDT+0.0106%4h4.1180+0.341%$112K$16K25xas long as short
Kraken Futures PF_BANANAUSD+0.1086%1h4.1088+0.116%$7K$2K10xas long as short