Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.090%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,301as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,291as in the Price arb table

costs, in and out, $10k−$1,30113.010% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.090%, 7d avg −0.015%

Together, before fees−0.111%−$11 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: KuCoin is 0.104% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BANANAS31USDT	0.007893	0.0100	pay 0.0050% / 4h	3h 53m	$5.9M	$1.5M	25x
Short	KuCoin BANANAS31USDTM	0.007900	0.0100	get 0.0050% / 4h	3h 53m	$138K	$20K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.090%Rate

Funding earned: $0
Price spread: +0.090% → −0.015%: $10.44
Slippage, 4 orders: −$1,278.95
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,290.51
Costs to cover: 13.010%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 61 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, 15 min ago	2.54 bp	25.9 bp −$26	158.8 bp −$1,588	doesn't fit	doesn't fit
Sell KuCoin live order book, 61 min ago	26.64 bp	244.7 bp −$245	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	0.007902	+0.121%	$18K	$2K	5x	as long as short
Binance BANANAS31USDTlong	+0.0100%	4h	0.007893	long leg	$5.9M	$1.5M	25x
Bybit BANANAS31USDT	+0.0100%	4h	0.007905	+0.153%	$414K	$183K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.007886	−0.088%	$255K	$18K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.007894	+0.014%	$8.3M	$171K	100x	as long as short
KuCoin BANANAS31USDTMshort	+0.0100%	4h	0.007900	+0.090%	$138K	$20K	25x
Bitget BANANAS31USDT	+0.0100%	4h	0.007894	+0.014%	$355K	$137K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007900	+0.090%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007916	+0.298%	$7K	$6K	—	as long as short