Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against Binance−0.127%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$269as in the Funding arb table

Net, price: spread back to 7d avg − costs−$281as in the Price arb table

costs, in and out, $10k−$2712.708% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.127%, 7d avg −0.028%

Together, before fees+0.074%+$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: Gate is 0.099% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BANANAS31USDT	0.007848	0.0100	pay 0.0050% / 4h	1h 21m	$5.8M	$1.5M	25x
Short	Gate BANANAS31_USDT	0.007838	0.0100	get 0.0050% / 4h	1h 21m	$253K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.127%Rate

Funding earned: $0
Price spread: −0.127% → −0.028%: −$9.9
Slippage, 4 orders: −$245.75
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$280.65
Costs to cover: 2.708%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Gate: live order book, 55 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, 2 min ago	1.91 bp	22.9 bp −$23	146.0 bp −$1,460	doesn't fit	doesn't fit
Sell Gate live order book, 55 min ago	12.75 bp	172.4 bp −$172	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	0.007850	+0.025%	$18K	$2K	5x	as long as short
Binance BANANAS31USDTlong	+0.0100%	4h	0.007848	long leg	$5.8M	$1.5M	25x
Bybit BANANAS31USDT	+0.0100%	4h	0.007852	+0.051%	$409K	$221K	20x	as long as short
Gate BANANAS31_USDTshort	+0.0100%	4h	0.007838	−0.127%	$253K	$19K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007848	0.000%	$8.2M	$178K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007852	+0.051%	$137K	$21K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007852	+0.051%	$353K	$142K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007849	+0.013%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007849	+0.007%	$4K	$3K	—	as long as short