Funding you earn now, next payment 12:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against BingX+0.073%96s7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.795% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.073%, 7d avg −0.068%
=The price spread pays, funding is against you. BloFin is 0.141% dearer against BingX than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.068%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.031% in total) that is about 32 days. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BANANA-USDT | 4.0880 | 0.0100 | pay 0.0050% / 4h | 2h 19m | — | $13.7M | — |
| Short | BloFin BANANA-USDT | 4.0910 | 0.0062 | get 0.0031% / 4h | 2h 19m | $110K | $16K | 25x |
BingX BANANA-USDT
BloFin BANANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$7.89
- Price spread: +0.073% → −0.068%
- $14.11
- Slippage, 4 orders
- −$57.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$73.31
- Costs to cover
- 0.795%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; BloFin: live order book, 23 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 BingX live order book, 12 min ago | 3.67 bp | 14.6 bp −$15 | 31.9 bp −$319 | 1027.9 bp −$102.8K | 1393.4 bp −$696.7K |
| Sell BloFin live order book, 23 min ago | 2.45 bp | 28.3 bp −$28 | 129.1 bp −$1,291 | doesn't fit | doesn't fit |
BANANA on 10 exchanges
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 BANANA-USDTshort | +0.0062% | 4h | 4.0910 | +0.073% | $110K | $16K | 25x | |
| Hyperliquid BANANA | +0.0100% | 1h | 4.0951 | +0.174% | $177K | $60K | 3x | as long as short |
| Binance BANANAUSDT | +0.0100% | 4h | 4.0870 | −0.024% | $1.7M | $1.4M | 25x | as long as short |
| Bybit BANANAUSDT | +0.0100% | 4h | 4.0910 | +0.073% | $421K | $413K | 25x | as long as short |
| Gate BANANA_USDT | +0.0100% | 8h | 4.0840 | −0.098% | $63K | $46K | 25x | as long as short |
| MEXC BANANA_USDT | +0.0100% | 4h | 4.0880 | 0.000% | $559K | $173K | 20x | as long as short |
| KuCoin BANANAUSDTM | +0.0100% | 4h | 4.0880 | 0.000% | $159K | $32K | 20x | as long as short |
| Bitget BANANAUSDT | +0.0100% | 4h | 4.0880 | 0.000% | $260K | $33K | 20x | as long as short |
| BingX BANANA-USDTlong | +0.0100% | 4h | 4.0880 | long leg | — | $13.7M | — | |
| Kraken Futures PF_BANANAUSD | +0.1112% | 1h | 4.0938 | +0.141% | $7K | $1K | 10x | as long as short |
Hyperliquid BANANA
Binance BANANAUSDT
Bybit BANANAUSDT
Gate BANANA_USDT
MEXC BANANA_USDT
KuCoin BANANAUSDTM
Bitget BANANAUSDT
Kraken Futures PF_BANANAUSD