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+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against BloFin−0.074%95s7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as 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)+0.221%+$22 · spread now −0.074%, 7d avg +0.035%
Together, before fees+0.230%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.109% cheaper against BloFin than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.035%). If the spread goes back, that is −$11 on $10k: about 6.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.009% in total) that is about 3 months. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BANANA-USDT4.06100.0043pay 0.0021% / 4h51m 38s$110K$13K25x
ShortBitget BANANAUSDT4.05800.0100get 0.0050% / 4h51m 38s$257K$30K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$11.99
Price spread: −0.074% → +0.035%
−$10.86
Slippage, 4 orders
−$76.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$98.89
Costs to cover
1.000%
Break-even
64.7 days
Slippage from BloFin: live order book, 44 min ago; Bitget: live order book, 46 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 BloFin live order book, 44 min ago2.46 bp28.6 bp −$2979.7 bp −$797doesn't fitdoesn't fit
Sell Bitget live order book, 46 min ago6.13 bp27.2 bp −$27306.0 bp −$3,060doesn'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
BloFin BANANA-USDTlong+0.0043%4h4.0610long leg$110K$13K25x
Hyperliquid BANANA+0.0100%1h4.0615+0.012%$176K$59K3xas long as short
Binance BANANAUSDT+0.0100%4h4.0590−0.049%$1.7M$1.3M25xas long as short
Bybit BANANAUSDT+0.0100%4h4.0580−0.074%$410K$340K25xas long as short
Gate BANANA_USDT+0.0100%8h4.0580−0.074%$63K$44K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.0580−0.074%$549K$165K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.0660+0.123%$157K$32K20xas long as short
Bitget BANANAUSDTshort+0.0100%4h4.0580−0.074%$257K$30K20x
BingX BANANA-USDT+0.0100%4h4.0580−0.074%$13.7Mas long as short
Kraken Futures PF_BANANAUSD+0.0413%1h4.0614+0.010%$7K$19910xas long as short