Settings8H · net · $10k
Funding arb · Price arb /

BANANAS31

all BANANAS31 markets
SwapBacktest
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 Bybit−0.107%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3843.837% of the position
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)+0.110%+$11 · spread now −0.107%, 7d avg −0.050%
Together, before fees+0.096%+$10 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 0.056% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANANAS31USDT0.0078400.0100pay 0.0050% / 4h46m 16s$411K$152K20x
ShortBinance BANANAS31USDT0.0078320.0100get 0.0050% / 4h46m 16s$5.8M$1.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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

Funding earned
$0
Price spread: −0.107% → −0.050%
−$5.64
Slippage, 4 orders
−$362.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$389.39
Costs to cover
3.837%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago10.20 bp154.8 bp −$155doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago2.54 bp29.7 bp −$30125.5 bp −$1,255doesn't fitdoesn't fit

BANANAS31 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BANANAS31USDT+0.0100%4h0.007844+0.053%$18K$2K5xas long as short
Binance BANANAS31USDTshort+0.0100%4h0.007832−0.107%$5.8M$1.5M25x
Bybit BANANAS31USDTlong+0.0100%4h0.007840long leg$411K$152K20x
Gate BANANAS31_USDT+0.0100%4h0.007834−0.077%$253K$17K20xas long as short
MEXC BANANAS31_USDT+0.0100%4h0.007832−0.102%$8.2M$144K100xas long as short
KuCoin BANANAS31USDTM+0.0100%4h0.007836−0.051%$137K$17K25xas long as short
Bitget BANANAS31USDT+0.0100%4h0.007830−0.128%$352K$138K25xas long as short
BingX BANANAS31-USDT+0.0100%4h0.007838−0.026%$2.3Mas long as short
Variational Omni BANANAS31+0.0100%4h0.007859+0.238%$7K$6Kas long as short