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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Bitget+0.015%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1221.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.015%, 7d avg +0.043%
Together, before fees−0.041%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 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: Hyperliquid is 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BANANAUSDT4.06100.0100pay 0.0050% / 4h1h 31m$257K$31K20x
ShortHyperliquid BANANA4.06160.0100get 0.0013% / 1h31m 50s$176K$59K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.015% → +0.043%
−$2.85
Slippage, 4 orders
−$100.71
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$124.57
Costs to cover
1.217%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; Hyperliquid: live order book, just now.

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, 6 min ago6.13 bp30.8 bp −$31329.8 bp −$3,298doesn't fitdoesn't fit
Sell Hyperliquid live order book, just now1.23 bp33.6 bp −$34doesn't fitdoesn'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%1h4.0667+0.140%$7K$19910xas long as short
BloFin BANANA-USDT+0.0061%4h4.0660+0.123%$110K$13K25xas long as short
Hyperliquid BANANAshort+0.0100%1h4.0616+0.015%$176K$59K3x
Binance BANANAUSDT+0.0100%4h4.0634+0.060%$1.7M$1.3M25xas long as short
Bybit BANANAUSDT+0.0100%4h4.0660+0.123%$410K$347K25xas long as short
Gate BANANA_USDT+0.0100%8h4.0590−0.049%$63K$45K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.0660+0.123%$551K$167K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.0700+0.222%$158K$32K20xas long as short
Bitget BANANAUSDTlong+0.0100%4h4.0610long leg$257K$31K20x
BingX BANANA-USDT+0.0100%4h4.0620+0.025%$13.7Mas long as short