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: MEXC against BingX−0.114%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$840.841% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.096%+$10 · spread now −0.114%, 7d avg −0.016%

Together, before fees+0.082%+$8 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: MEXC is 0.098% 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 −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BANANAS31-USDT	0.007922	0.0100	pay 0.0050% / 4h	3h 37m	—	$2.3M	—
Short	MEXC BANANAS31_USDT	0.007913	0.0100	get 0.0050% / 4h	3h 37m	$8.3M	$172K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.114%Rate

Funding earned: $0
Price spread: −0.114% → −0.016%: −$9.78
Slippage, 4 orders: −$70.05
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$93.83
Costs to cover: 0.841%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago	8.20 bp	28.9 bp −$29	99.0 bp −$990	846.7 bp −$84.7K	1069.3 bp −$534.6K
Sell MEXC live order book, 1 min ago	1.90 bp	10.3 bp −$10	52.1 bp −$521	147.6 bp −$14.8K	411.3 bp −$205.7K

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	0.007920	−0.025%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007920	−0.025%	$5.9M	$1.4M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007924	+0.025%	$415K	$178K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.007907	−0.189%	$256K	$18K	20x	as long as short
MEXC BANANAS31_USDTshort	+0.0100%	4h	0.007913	−0.114%	$8.3M	$172K	100x
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007924	+0.025%	$139K	$20K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007909	−0.164%	$355K	$136K	25x	as long as short
BingX BANANAS31-USDTlong	+0.0100%	4h	0.007922	long leg	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.007934	+0.155%	$7K	$6K	—	as long as short