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% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.096%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,468as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,465as in the Price arb table
costs, in and out, $10k−$2,46124.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.096%, 7d avg −0.053%
Together, before fees+0.074%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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 0.043% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BANANA4.07290.0100pay 0.0013% / 1h9m 45s$178K$59K3x
ShortKuCoin BANANAUSDTM4.06900.0100get 0.0050% / 4h9m 45s$158K$32K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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: −0.096% → −0.053%
−$4.25
Slippage, 4 orders
−$2,440.07
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,465.33
Costs to cover
24.611%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; KuCoin: 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 Hyperliquid live order book, 12 min ago4.42 bp37.3 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago24.59 bp1204.7 bp −$1,205doesn'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
Hyperliquid BANANAlong+0.0100%1h4.0729long leg$178K$59K3x
Binance BANANAUSDT+0.0100%4h4.0710−0.047%$1.7M$1.3M25xas long as short
Bybit BANANAUSDT+0.0100%4h4.0720−0.022%$411K$324K25xas long as short
Gate BANANA_USDT+0.0100%8h4.0640−0.219%$63K$44K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.0720−0.022%$551K$168K20xas long as short
KuCoin BANANAUSDTMshort+0.0100%4h4.0690−0.096%$158K$32K20x
Bitget BANANAUSDT+0.0100%4h4.0700−0.071%$259K$30K20xas long as short
BingX BANANA-USDT+0.0100%4h4.0710−0.047%$13.7Mas long as short
BloFin BANANA-USDT+0.0118%4h4.0640−0.219%$109K$13K25xas long as short
Kraken Futures PF_BANANAUSD+0.0412%1h4.0731+0.004%$7K$19910xas long as short