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: MEXC against BloFin0.000%79s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$660.655% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.222%+$22 · spread now 0.000%, 7d avg +0.028%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.028% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.028%). Swap the legs. The two prices were read 79 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 37m | $112K | $16K | 25x |
| Short | MEXC BANANA_USDT | 4.1030 | 0.0100 | get 0.0050% / 4h | 3h 37m | $571K | $175K | 20x |
BloFin BANANA-USDT
MEXC BANANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: 0.000% → +0.028%
- −$2.82
- Slippage, 4 orders
- −$49.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$76.88
- Costs to cover
- 0.655%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 26 min ago; MEXC: live order book, 52 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 MEXC live order book, 52 min ago | 3.65 bp | 9.7 bp −$10 | 74.6 bp −$746 | 204.0 bp −$20.4K | 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 | 4.1074 | +0.107% | $177K | $62K | 3x | as long as short |
| Binance BANANAUSDT | +0.0100% | 4h | 4.1040 | +0.024% | $1.7M | $1.4M | 25x | as long as short |
| Bybit BANANAUSDT | +0.0100% | 4h | 4.1050 | +0.049% | $426K | $428K | 25x | as long as short |
| Gate BANANA_USDT | +0.0100% | 8h | 4.1060 | +0.073% | $63K | $51K | 25x | as long as short |
| MEXC BANANA_USDTshort | +0.0100% | 4h | 4.1030 | 0.000% | $571K | $175K | 20x | |
| KuCoin BANANAUSDTM | +0.0100% | 4h | 4.1070 | +0.097% | $158K | $33K | 20x | as long as short |
| Bitget BANANAUSDT | +0.0100% | 4h | 4.1050 | +0.049% | $260K | $34K | 20x | as long as short |
| BingX BANANA-USDT | +0.0100% | 4h | 4.1050 | +0.049% | — | $11.6M | — | as long as short |
| 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
KuCoin BANANAUSDTM
Bitget BANANAUSDT
BingX BANANA-USDT
Kraken Futures PF_BANANAUSD