Funding you earn now, next payment 12:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.20 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against BloFin+0.097%51s7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as 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−$890.893% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.296%+$30 · spread now +0.097%, 7d avg +0.068%
=The price spread pays, funding is against you. BingX is 0.029% dearer against BloFin than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.068%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days. The two prices were read 51 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 | BloFin BANANA-USDT | 4.1030 | 0.0141 | pay 0.0070% / 4h | 3h 38m | $112K | $16K | 25x |
| Short | BingX BANANA-USDT | 4.1070 | 0.0100 | get 0.0050% / 4h | 3h 38m | — | $11.6M | — |
BloFin BANANA-USDT
BingX BANANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$8.53
- Price spread: +0.097% → +0.068%
- $2.9
- Slippage, 4 orders
- −$67.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$94.96
- Costs to cover
- 0.893%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 26 min ago; BingX: live order book, 15 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 BloFin live order book, 26 min ago | 9.74 bp | 23.7 bp −$24 | 89.4 bp −$894 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 6.08 bp | 17.9 bp −$18 | 31.5 bp −$315 | 968.2 bp −$96.8K | doesn't fit |
BANANA on 10 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BANANA | +0.0100% | 1h | 4.1053 | +0.056% | $177K | $62K | 3x | as long as short |
| Binance BANANAUSDT | +0.0100% | 4h | 4.1030 | 0.000% | $1.7M | $1.4M | 25x | as long as short |
| Bybit BANANAUSDT | +0.0100% | 4h | 4.1070 | +0.097% | $427K | $428K | 25x | as long as short |
| Gate BANANA_USDT | +0.0100% | 8h | 4.1100 | +0.171% | $63K | $51K | 25x | as long as short |
| MEXC BANANA_USDT | +0.0100% | 4h | 4.1020 | −0.024% | $571K | $175K | 20x | as long as short |
| KuCoin BANANAUSDTM | +0.0100% | 4h | 4.1110 | +0.195% | $158K | $33K | 20x | as long as short |
| Bitget BANANAUSDT | +0.0100% | 4h | 4.1060 | +0.073% | $260K | $34K | 20x | as long as short |
| BingX BANANA-USDTshort | +0.0100% | 4h | 4.1070 | +0.097% | — | $11.6M | — | |
| BloFin BANANA-USDTlong | +0.0141% | 4h | 4.1030 | long leg | $112K | $16K | 25x | |
| Kraken Futures PF_BANANAUSD | +0.1086% | 1h | 4.1073 | +0.104% | $7K | $2K | 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