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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.105%
Price spread now: Hyperliquid against Bybit+0.154%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$379as in the Price arb table
costs, in and out, $10k−$4003.998% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 4 days (all we have)−0.341%−$34 · spread now +0.154%, 7d avg −0.051%
Together, before fees−0.145%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 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 0.205% dearer against Bybit than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANANAUSDT4.08800.0100pay 0.0050% / 4h2h 21m$420K$417K25x
ShortHyperliquid BANANA4.09430.0100get 0.0013% / 1h21m 23s$177K$60K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bybit. 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: +0.154% → −0.051%
$20.51
Slippage, 4 orders
−$379.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$379.31
Costs to cover
3.998%
Break-even
never at this rate
Slippage from Bybit: live order book, 25 min ago; Hyperliquid: live order book, 25 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 Bybit live order book, 25 min ago6.11 bp175.0 bp −$175doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 25 min ago1.10 bp36.4 bp −$36doesn'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
BloFin BANANA-USDT+0.0046%4h4.0860−0.049%$110K$16K25xas long as short
Hyperliquid BANANAshort+0.0100%1h4.0943+0.154%$177K$60K3x
Binance BANANAUSDT+0.0100%4h4.0870−0.024%$1.7M$1.4M25xas long as short
Bybit BANANAUSDTlong+0.0100%4h4.0880long leg$420K$417K25x
Gate BANANA_USDT+0.0100%8h4.0840−0.098%$63K$46K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.0890+0.024%$559K$173K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.08800.000%$159K$32K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.08800.000%$260K$33K20xas long as short
BingX BANANA-USDT+0.0100%4h4.0890+0.024%$13.7Mas long as short
Kraken Futures PF_BANANAUSD+0.1112%1h4.0938+0.142%$7K$1K10xas long as short