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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BANANA_USDT | 4.0910 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $559K | $173K | 20x |
| Short | BloFin BANANA-USDT | 4.0860 | 0.0079 | get 0.0039% / 4h | 2h 16m | $110K | $16K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 29 min ago | 1.22 bp | 7.0 bp −$7 | 47.8 bp −$478 | 200.1 bp −$20.0K | doesn't fit |
| Sell BloFin live order book, 26 min ago | 2.45 bp | 28.3 bp −$28 | 129.1 bp −$1,291 | doesn't fit | doesn't fit |
BANANA on 10 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANANA-USDTshort | +0.0079% | 4h | 4.0860 | −0.122% | $110K | $16K | 25x | |
| Hyperliquid BANANA | +0.0100% | 1h | 4.0981 | +0.174% | $177K | $60K | 3x | as long as short |
| Binance BANANAUSDT | +0.0100% | 4h | 4.0923 | +0.032% | $1.7M | $1.4M | 25x | as long as short |
| Bybit BANANAUSDT | +0.0100% | 4h | 4.0910 | 0.000% | $421K | $408K | 25x | as long as short |
| Gate BANANA_USDT | +0.0100% | 8h | 4.0860 | −0.122% | $63K | $46K | 25x | as long as short |
| MEXC BANANA_USDTlong | +0.0100% | 4h | 4.0910 | long leg | $559K | $173K | 20x | |
| KuCoin BANANAUSDTM | +0.0100% | 4h | 4.0900 | −0.024% | $159K | $32K | 20x | as long as short |
| Bitget BANANAUSDT | +0.0100% | 4h | 4.0890 | −0.049% | $260K | $33K | 20x | as long as short |
| BingX BANANA-USDT | +0.0100% | 4h | 4.0910 | 0.000% | — | $13.7M | — | as long as short |
| Kraken Futures PF_BANANAUSD | +0.1112% | 1h | 4.0948 | +0.092% | $7K | $1K | 10x | as long as short |
MEXC BANANA_USDT
BloFin BANANA-USDT
Hyperliquid BANANA
Binance BANANAUSDT
Bybit BANANAUSDT
Gate BANANA_USDT
KuCoin BANANAUSDTM
Bitget BANANAUSDT
BingX BANANA-USDT
Kraken Futures PF_BANANAUSD