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: Binance against BingX−0.114%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1141.140% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.083%+$8 · spread now −0.114%, 7d avg −0.017%

Together, before fees+0.069%+$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: Binance is 0.097% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BANANAS31-USDT	0.007879	0.0100	pay 0.0050% / 4h	2h 49m	—	$2.3M	—
Short	Binance BANANAS31USDT	0.007870	0.0100	get 0.0050% / 4h	2h 49m	$5.8M	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now −0.114%Rate

Funding earned: $0
Price spread: −0.114% → −0.017%: −$9.72
Slippage, 4 orders: −$94.04
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$123.76
Costs to cover: 1.140%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; Binance: live order book, 4 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 BingX live order book, 14 min ago	5.05 bp	29.3 bp −$29	88.2 bp −$882	803.2 bp −$80.3K	1070.1 bp −$535.1K
Sell Binance live order book, 4 min ago	3.81 bp	32.8 bp −$33	119.2 bp −$1,192	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	0.007876	−0.037%	$18K	$2K	5x	as long as short
Binance BANANAS31USDTshort	+0.0100%	4h	0.007870	−0.114%	$5.8M	$1.5M	25x
Bybit BANANAS31USDT	+0.0100%	4h	0.007878	−0.013%	$413K	$176K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.007864	−0.190%	$254K	$18K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.007870	−0.114%	$8.2M	$174K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007873	−0.076%	$137K	$19K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007879	0.000%	$359K	$133K	25x	as long as short
BingX BANANAS31-USDTlong	+0.0100%	4h	0.007879	long leg	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.007875	−0.047%	$7K	$7K	—	as long as short