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 BingX+0.024%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3393.395% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.024%, 7d avg +0.065%
Together, before fees−0.134%−$13 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 0.041% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BANANA-USDT4.10200.0100pay 0.0050% / 4h1h 07m$11.6M
ShortBybit BANANAUSDT4.10300.0100get 0.0050% / 4h1h 07m$425K$427K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.024% → +0.065%
−$4.08
Slippage, 4 orders
−$318.49
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$343.57
Costs to cover
3.395%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Bybit: live order book, 27 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 BingX live order book, 1 min ago3.66 bp19.4 bp −$1939.0 bp −$3901088.7 bp −$108.9K1385.4 bp −$692.7K
Sell Bybit live order book, 27 min ago3.66 bp142.7 bp −$143doesn'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%1h4.1030+0.024%$179K$60K3xas long as short
Binance BANANAUSDT+0.0100%4h4.1009−0.028%$1.7M$1.4M25xas long as short
Bybit BANANAUSDTshort+0.0100%4h4.1030+0.024%$425K$427K25x
Gate BANANA_USDT+0.0100%8h4.1000−0.049%$64K$51K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.10200.000%$559K$185K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.1010−0.024%$157K$34K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.10200.000%$260K$35K20xas long as short
BingX BANANA-USDTlong+0.0100%4h4.1020long leg$11.6M
BloFin BANANA-USDT+0.0152%4h4.1060+0.098%$111K$20K25xas long as short
Kraken Futures PF_BANANAUSD+0.1175%1h4.1050+0.072%$7K$3K10xas long as short