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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin−0.034%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,907as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,923as in the Price arb table
costs, in and out, $10k−$1,91419.138% 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)0.000%$0 · spread now −0.034%, 7d avg +0.054%
Together, before fees+0.067%+ 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: Hyperliquid is 0.089% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANANAUSDTM4.06300.0100pay 0.0050% / 4h1h 29m$158K$32K20x
ShortHyperliquid BANANA4.06160.0100get 0.0013% / 1h29m 23s$176K$59K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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: −0.034% → +0.054%
−$8.86
Slippage, 4 orders
−$1,892.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$1,922.69
Costs to cover
19.138%
Break-even
never at this rate
Slippage from KuCoin: live order book, 72 min ago; Hyperliquid: live order book, 3 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 KuCoin live order book, 72 min ago26.92 bp759.8 bp −$760doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago1.23 bp33.6 bp −$34doesn'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
Kraken Futures PF_BANANAUSD−0.0039%1h4.0643+0.033%$7K$19910xas long as short
Hyperliquid BANANAshort+0.0100%1h4.0616−0.034%$176K$59K3x
Binance BANANAUSDT+0.0100%4h4.0591−0.095%$1.7M$1.3M25xas long as short
Bybit BANANAUSDT+0.0100%4h4.0600−0.074%$410K$346K25xas long as short
Gate BANANA_USDT+0.0100%8h4.0520−0.271%$62K$45K25xas long as short
MEXC BANANA_USDT+0.0100%4h4.0580−0.123%$550K$168K20xas long as short
KuCoin BANANAUSDTMlong+0.0100%4h4.0630long leg$158K$32K20x
Bitget BANANAUSDT+0.0100%4h4.0610−0.049%$257K$31K20xas long as short
BingX BANANA-USDT+0.0100%4h4.0610−0.049%$13.7Mas long as short
BloFin BANANA-USDT+0.0149%4h4.0570−0.148%$110K$13K25xas long as short