Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Binance+0.102%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$379as in the Funding arb table

Net, price: spread back to 7d avg − costs−$375as in the Price arb table

costs, in and out, $10k−$3803.801% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.102%, 7d avg +0.050%

Together, before fees−0.091%−$9 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: Bybit is 0.051% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BANANAS31USDT	0.007874	0.0100	pay 0.0050% / 4h	3h 58m	$5.9M	$1.4M	25x
Short	Bybit BANANAS31USDT	0.007882	0.0100	get 0.0050% / 4h	3h 58m	$413K	$151K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now +0.102%Rate

Funding earned: $0
Price spread: +0.102% → +0.050%: $5.14
Slippage, 4 orders: −$359.13
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$374.98
Costs to cover: 3.801%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 52 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 Binance live order book, 10 min ago	1.27 bp	30.9 bp −$31	189.7 bp −$1,897	doesn't fit	doesn't fit
Sell Bybit live order book, 52 min ago	10.20 bp	166.5 bp −$167	doesn't fit	doesn't fit	doesn't fit

BANANAS31 on 9 venues

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
Aster BANANAS31USDT	+0.0100%	4h	0.007880	+0.076%	$18K	$2K	5x	as long as short
Binance BANANAS31USDTlong	+0.0100%	4h	0.007874	long leg	$5.9M	$1.4M	25x
Bybit BANANAS31USDTshort	+0.0100%	4h	0.007882	+0.102%	$413K	$151K	20x
Gate BANANAS31_USDT	+0.0100%	4h	0.007864	−0.127%	$254K	$17K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.007867	−0.089%	$8.2M	$143K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007872	−0.025%	$137K	$17K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007878	+0.051%	$354K	$139K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007878	+0.051%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007879	+0.065%	$7K	$6K	—	as long as short