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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h −0.114%
Price spread now: Bybit against BloFin+0.098%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$366as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3473.469% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.190%−$19 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.098%, 7d avg +0.132%
Together, before fees−0.160%−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.034% cheaper against BloFin than usual: you would sell low and buy high (spread +0.098% now, against its 7-day average of +0.132%). If the spread goes back, that is −$3 on $10k: about 5.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.190%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BANANA-USDT4.10000.0079pay 0.0039% / 4h22m 46s$112K$20K25x
ShortBybit BANANAUSDT4.10400.0100get 0.0050% / 4h22m 46s$425K$424K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$4.48
Price spread: +0.098% → +0.132%
−$3.43
Slippage, 4 orders
−$323.87
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$345.82
Costs to cover
3.469%
Break-even
547.1 days
Slippage from BloFin: live order book, 46 min ago; Bybit: live order book, 7 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, 46 min ago9.75 bp22.8 bp −$2384.8 bp −$848doesn't fitdoesn't fit
Sell Bybit live order book, 7 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
BloFin BANANA-USDTlong+0.0079%4h4.1000long leg$112K$20K25x
Hyperliquid BANANA+0.0100%1h4.1088+0.215%$179K$61K3xas long as short
Binance BANANAUSDT+0.0100%4h4.1066+0.161%$1.7M$1.4M25xas long as short
Bybit BANANAUSDTshort+0.0100%4h4.1040+0.098%$425K$424K25x
Gate BANANA_USDT+0.0100%8h4.1050+0.122%$63K$51K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.1050+0.122%$555K$177K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.1090+0.220%$158K$33K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.1040+0.098%$260K$35K20xas long as short
BingX BANANA-USDT+0.0100%4h4.1070+0.171%$11.6Mas long as short
Kraken Futures PF_BANANAUSD+0.0486%1h4.1085+0.208%$7K$2K10xas long as short