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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0986%/8h= +108.0% APRpaid last 24h +0.235%
Price spread now: Kraken Futures against Bybit+0.055%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Kraken Futures is 0.055% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANANAUSDT4.10500.0100pay 0.0050% / 4h3h 37m$426K$428K25x
ShortKraken Futures PF_BANANAUSD4.10730.1086get 0.0136% / 1h37m 51s$7K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$207.07
Price spread: +0.055% → 0.000%
$5.5
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$191.57
Costs to cover
0.210%
Break-even
0.5 days
Slippage unknown: Bybit: live order book, 52 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 52 min ago10.94 bp164.1 bp −$164doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hyperliquid BANANA+0.0100%1h4.1074+0.058%$177K$62K3xas long as short
Binance BANANAUSDT+0.0100%4h4.1040−0.024%$1.7M$1.4M25xas long as short
Bybit BANANAUSDTlong+0.0100%4h4.1050long leg$426K$428K25x
Gate BANANA_USDT+0.0100%8h4.1060+0.024%$63K$51K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.1030−0.049%$571K$175K20xas long as short
KuCoin BANANAUSDTM+0.0100%4h4.1070+0.049%$158K$33K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.10500.000%$260K$34K20xas long as short
BingX BANANA-USDT+0.0100%4h4.10500.000%$11.6Mas long as short
BloFin BANANA-USDT+0.0141%4h4.1030−0.049%$112K$16K25xas long as short
Kraken Futures PF_BANANAUSDshort+0.1086%1h4.1073+0.055%$7K$2K10x