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: Bitget against BingX−0.089%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1231.229% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.089%, 7d avg −0.026%

Together, before fees+0.005%$0 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: Bitget is 0.063% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BANANAS31-USDT	0.007884	0.0100	pay 0.0050% / 4h	2h 05m	—	$2.3M	—
Short	Bitget BANANAS31USDT	0.007877	0.0100	get 0.0050% / 4h	2h 05m	$359K	$134K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.089%Rate

Funding earned: $0
Price spread: −0.089% → −0.026%: −$6.3
Slippage, 4 orders: −$100.91
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$129.21
Costs to cover: 1.229%
Break-even: never at this rate

Slippage from BingX: live order book, 12 min ago; Bitget: live order book, 54 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, 12 min ago	5.70 bp	26.7 bp −$27	87.5 bp −$875	844.9 bp −$84.5K	1074.4 bp −$537.2K
Sell Bitget live order book, 54 min ago	4.44 bp	26.0 bp −$26	134.8 bp −$1,348	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	0.007885	+0.009%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007879	−0.063%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007887	+0.038%	$414K	$166K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.007876	−0.101%	$255K	$18K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.007879	−0.063%	$8.2M	$177K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007882	−0.025%	$137K	$19K	25x	as long as short
Bitget BANANAS31USDTshort	+0.0100%	4h	0.007877	−0.089%	$359K	$134K	25x
BingX BANANAS31-USDTlong	+0.0100%	4h	0.007884	long leg	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.007882	−0.024%	$7K	$7K	—	as long as short