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: Gate against Bitget−0.076%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$221as in the Funding arb table

Net, price: spread back to 7d avg − costs−$228as in the Price arb table

costs, in and out, $10k−$2222.225% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.076%, 7d avg −0.023%

Together, before fees+0.025%+$2 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: Gate is 0.053% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BANANAS31USDT	0.007872	0.0100	pay 0.0050% / 4h	28m 43s	$354K	$139K	25x
Short	Gate BANANAS31_USDT	0.007866	0.0100	get 0.0050% / 4h	28m 43s	$254K	$17K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now −0.076%Rate

Funding earned: $0
Price spread: −0.076% → −0.023%: −$5.3
Slippage, 4 orders: −$195.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$227.79
Costs to cover: 2.225%
Break-even: never at this rate

Slippage from Bitget: live order book, 22 min ago; Gate: live order book, 23 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 Bitget live order book, 22 min ago	3.19 bp	29.8 bp −$30	150.3 bp −$1,503	doesn't fit	doesn't fit
Sell Gate live order book, 23 min ago	5.10 bp	142.7 bp −$143	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	0.007875	+0.034%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007865	−0.089%	$5.8M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007872	0.000%	$413K	$152K	20x	as long as short
Gate BANANAS31_USDTshort	+0.0100%	4h	0.007866	−0.076%	$254K	$17K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007866	−0.076%	$8.2M	$145K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007868	−0.051%	$137K	$17K	25x	as long as short
Bitget BANANAS31USDTlong	+0.0100%	4h	0.007872	long leg	$354K	$139K	25x
BingX BANANAS31-USDT	+0.0100%	4h	0.007867	−0.064%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007879	+0.084%	$7K	$6K	—	as long as short