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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Bitget−0.025%45s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1001.000% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now −0.025%, 7d avg −0.035%
Together, before fees−0.132%−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BANANAUSDT4.05800.0100pay 0.0050% / 4h1h 30m$257K$31K20x
ShortBloFin BANANA-USDT4.05700.0149get 0.0074% / 4h1h 30m$110K$13K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$10.21
Price spread: −0.025% → −0.035%
$1.01
Slippage, 4 orders
−$76.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$88.8
Costs to cover
1.000%
Break-even
67.9 days
Slippage from Bitget: live order book, 7 min ago; BloFin: live order book, 5 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 Bitget live order book, 7 min ago6.13 bp30.8 bp −$31329.8 bp −$3,298doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago2.46 bp13.3 bp −$13127.4 bp −$1,274doesn't fitdoesn't fit

BANANA on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BANANAUSD−0.0039%1h4.0608+0.070%$7K$19910xas long as short
Hyperliquid BANANA+0.0100%1h4.0601+0.051%$176K$59K3xas long as short
Binance BANANAUSDT+0.0100%4h4.0587+0.016%$1.7M$1.3M25xas long as short
Bybit BANANAUSDT+0.0100%4h4.0590+0.025%$410K$347K25xas long as short
Gate BANANA_USDT+0.0100%8h4.0530−0.123%$62K$45K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.0570−0.025%$549K$167K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.0630+0.123%$158K$32K20xas long as short
Bitget BANANAUSDTlong+0.0100%4h4.0580long leg$257K$31K20x
BingX BANANA-USDT+0.0100%4h4.0590+0.025%$13.7Mas long as short
BloFin BANANA-USDTshort+0.0149%4h4.0570−0.025%$110K$13K25x