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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0990%/8h= +108.4% APRpaid last 24h +0.130%
Price spread now: Kraken Futures against Binance+0.149%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Kraken Futures is 0.149% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANANAUSDT4.08500.0100pay 0.0050% / 4h3h 30m$1.7M$1.4M25x
ShortKraken Futures PF_BANANAUSD4.09110.1090get 0.0136% / 1h30m 55s$7K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$207.98
Price spread: +0.149% → 0.000%
$14.88
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$202.86
Costs to cover
0.200%
Break-even
0.2 days
Slippage unknown: Binance: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 3 min ago2.45 bp30.3 bp −$30325.8 bp −$3,258doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4.0877+0.066%$177K$62K3xas long as short
Binance BANANAUSDTlong+0.0100%4h4.0850long leg$1.7M$1.4M25x
Bybit BANANAUSDT+0.0100%4h4.08500.000%$425K$427K25xas long as short
Gate BANANA_USDT+0.0100%8h4.0980+0.318%$63K$51K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.0800−0.122%$567K$176K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.0920+0.171%$157K$33K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.0840−0.024%$259K$34K20xas long as short
BingX BANANA-USDT+0.0100%4h4.0870+0.049%$11.6Mas long as short
BloFin BANANA-USDT+0.0158%4h4.0830−0.049%$111K$16K25xas long as short
Kraken Futures PF_BANANAUSDshort+0.1090%1h4.0911+0.149%$7K$2K10x