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: Hyperliquid against MEXC+0.074%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.074%, 7d avg +0.052%
Together, before fees−0.079%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 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 0.022% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BANANA_USDT4.05800.0100pay 0.0050% / 4h52m 24s$549K$165K20x
ShortHyperliquid BANANA4.06100.0100get 0.0013% / 1h52m 24s$176K$59K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.074% → +0.052%
$2.17
Slippage, 4 orders
−$66.98
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$77.8
Costs to cover
0.800%
Break-even
never at this rate
Slippage from MEXC: live order book, 45 min ago; Hyperliquid: live order book, 40 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, 45 min ago2.45 bp8.4 bp −$863.6 bp −$636184.7 bp −$18.5K603.5 bp −$301.7K
Sell Hyperliquid live order book, 40 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
BloFin BANANA-USDT+0.0043%4h4.0610+0.074%$110K$13K25xas long as short
Hyperliquid BANANAshort+0.0100%1h4.0610+0.074%$176K$59K3x
Binance BANANAUSDT+0.0100%4h4.0570−0.025%$1.7M$1.3M25xas long as short
Bybit BANANAUSDT+0.0100%4h4.05800.000%$410K$340K25xas long as short
Gate BANANA_USDT+0.0100%8h4.05800.000%$63K$44K25xas long as short
MEXC BANANA_USDTlong+0.0100%4h4.0580long leg$549K$165K20x
KuCoin BANANAUSDTM+0.0100%4h4.0670+0.222%$157K$32K20xas long as short
Bitget BANANAUSDT+0.0100%4h4.0590+0.025%$257K$30K20xas long as short
BingX BANANA-USDT+0.0100%4h4.0570−0.025%$13.7Mas long as short
Kraken Futures PF_BANANAUSD+0.0413%1h4.0588+0.019%$7K$19910xas long as short