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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.105%
Price spread now: KuCoin against Bybit+0.049%7-day average −0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,048as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,045as in the Price arb table
costs, in and out, $10k−$2,06120.607% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.129%+$13 on $10k
Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.049%, 7d avg −0.106%
Together, before fees−0.118%−$12 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: KuCoin is 0.154% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANANAUSDT4.10500.0100pay 0.0050% / 4h3h 37m$426K$428K25x
ShortKuCoin BANANAUSDTM4.10700.0100get 0.0050% / 4h3h 37m$158K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.049% → −0.106%
$15.42
Slippage, 4 orders
−$2,037.72
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,045.3
Costs to cover
20.607%
Break-even
never at this rate
Slippage from Bybit: live order book, 52 min ago; KuCoin: live order book, 53 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, 52 min ago10.94 bp164.1 bp −$164doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 53 min ago27.95 bp554.0 bp −$554doesn'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
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 BANANAUSDTMshort+0.0100%4h4.1070+0.049%$158K$33K20x
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_BANANAUSD+0.1086%1h4.1073+0.055%$7K$2K10xas long as short