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: Bybit against BingX+0.076%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$357as in the Funding arb table

Net, price: spread back to 7d avg − costs−$353as in the Price arb table

costs, in and out, $10k−$3573.575% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.076%, 7d avg +0.035%

Together, before fees−0.094%−$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 0.042% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BANANAS31-USDT	0.007846	0.0100	pay 0.0050% / 4h	1h 21m	—	$2.3M	—
Short	Bybit BANANAS31USDT	0.007852	0.0100	get 0.0050% / 4h	1h 21m	$409K	$222K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → +0.035%: $4.19
Slippage, 4 orders: −$336.46
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$353.28
Costs to cover: 3.575%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 53 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, 2 min ago	8.29 bp	31.9 bp −$32	90.6 bp −$906	889.3 bp −$88.9K	doesn't fit
Sell Bybit live order book, 53 min ago	5.72 bp	149.7 bp −$150	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	+0.051%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007848	+0.023%	$5.8M	$1.5M	25x	as long as short
Bybit BANANAS31USDTshort	+0.0100%	4h	0.007852	+0.076%	$409K	$222K	20x
Gate BANANAS31_USDT	+0.0100%	4h	0.007836	−0.127%	$253K	$19K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.007849	+0.038%	$8.2M	$178K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007852	+0.076%	$137K	$21K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007853	+0.089%	$353K	$142K	25x	as long as short
BingX BANANAS31-USDTlong	+0.0100%	4h	0.007846	long leg	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.007849	+0.032%	$4K	$3K	—	as long as short