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

BANANA

all BANANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.11 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against MEXC−0.122%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$660.659% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.122%, 7d avg −0.028%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.095% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BANANA_USDT4.09100.0100pay 0.0050% / 4h2h 16m$559K$173K20x
ShortBloFin BANANA-USDT4.08600.0079get 0.0039% / 4h2h 16m$110K$16K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
−$4.46
Price spread: −0.122% → −0.028%
−$9.46
Slippage, 4 orders
−$49.94
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$79.86
Costs to cover
0.659%
Break-even
never at this rate
Slippage from MEXC: live order book, 29 min ago; BloFin: live order book, 26 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 MEXC live order book, 29 min ago1.22 bp7.0 bp −$747.8 bp −$478200.1 bp −$20.0Kdoesn't fit
Sell BloFin live order book, 26 min ago2.45 bp28.3 bp −$28129.1 bp −$1,291doesn'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-USDTshort+0.0079%4h4.0860−0.122%$110K$16K25x
Hyperliquid BANANA+0.0100%1h4.0981+0.174%$177K$60K3xas long as short
Binance BANANAUSDT+0.0100%4h4.0923+0.032%$1.7M$1.4M25xas long as short
Bybit BANANAUSDT+0.0100%4h4.09100.000%$421K$408K25xas long as short
Gate BANANA_USDT+0.0100%8h4.0860−0.122%$63K$46K25xas long as short
MEXC BANANA_USDTlong+0.0100%4h4.0910long leg$559K$173K20x
KuCoin BANANAUSDTM+0.0100%4h4.0900−0.024%$159K$32K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.0890−0.049%$260K$33K20xas long as short
BingX BANANA-USDT+0.0100%4h4.09100.000%$13.7Mas long as short
Kraken Futures PF_BANANAUSD+0.1112%1h4.0948+0.092%$7K$1K10xas long as short