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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.105%
Price spread now: Bybit against Bitget+0.073%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$367as in the Price arb table
costs, in and out, $10k−$3653.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.196%−$20 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.073%, 7d avg +0.095%
Together, before fees−0.096%−$10 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 0.022% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BANANAUSDT4.10600.0100pay 0.0050% / 4h3h 39m$260K$34K20x
ShortBybit BANANAUSDT4.10900.0100get 0.0050% / 4h3h 39m$427K$428K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.073% → +0.095%
−$2.2
Slippage, 4 orders
−$341.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$367.13
Costs to cover
3.649%
Break-even
never at this rate
Slippage from Bitget: live order book, 51 min ago; Bybit: live order book, 50 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, 51 min ago8.52 bp35.7 bp −$36313.6 bp −$3,136doesn't fitdoesn't fit
Sell Bybit live order book, 50 min ago10.94 bp139.2 bp −$139doesn'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%1h4.1062+0.005%$177K$62K3xas long as short
Binance BANANAUSDT+0.0100%4h4.1040−0.049%$1.7M$1.4M25xas long as short
Bybit BANANAUSDTshort+0.0100%4h4.1090+0.073%$427K$428K25x
Gate BANANA_USDT+0.0100%8h4.1090+0.073%$63K$51K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.1030−0.073%$571K$175K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.1100+0.097%$158K$33K20xas long as short
Bitget BANANAUSDTlong+0.0100%4h4.1060long leg$260K$34K20x
BingX BANANA-USDT+0.0100%4h4.1080+0.049%$11.6Mas long as short
BloFin BANANA-USDT+0.0141%4h4.1030−0.073%$112K$16K25xas long as short
Kraken Futures PF_BANANAUSD+0.1086%1h4.1073+0.031%$7K$2K10xas long as short