Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bybit−0.087%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$368as in the Funding arb table

Net, price: spread back to 7d avg − costs−$373as in the Price arb table

costs, in and out, $10k−$3683.680% of the position

Long on Bybit Short on BingX

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)+0.090%+$9 · spread now −0.087%, 7d avg −0.038%

Together, before fees+0.090%+$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: BingX is 0.049% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BANANAS31USDT	0.008058	0.0100	pay 0.0050% / 4h	11m 05s	$438K	$162K	20x
Short	BingX BANANAS31-USDT	0.008051	0.0100	get 0.0050% / 4h	11m 05s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee BybitbpFee BingXbpOrdersPrice spread, now −0.087%Rate

Funding earned: $0
Price spread: −0.087% → −0.038%: −$4.9
Slippage, 4 orders: −$347
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$372.9
Costs to cover: 3.680%
Break-even: never at this rate

Slippage from Bybit: live order book, 22 min ago; BingX: live order book, 10 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 Bybit live order book, 22 min ago	8.11 bp	157.2 bp −$157	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	5.60 bp	29.0 bp −$29	103.6 bp −$1,036	886.6 bp −$88.7K	1123.2 bp −$561.6K

BANANAS31 on 9 exchanges

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	0.008057	−0.010%	$18K	$5K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.008054	−0.052%	$6.0M	$2.1M	25x	as long as short
Bybit BANANAS31USDTlong	+0.0100%	4h	0.008058	long leg	$438K	$162K	20x
Gate BANANAS31_USDT	+0.0100%	4h	0.008049	−0.112%	$261K	$18K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.008056	−0.025%	$8.4M	$172K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.008061	+0.037%	$146K	$26K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.008055	−0.037%	$391K	$201K	25x	as long as short
BingX BANANAS31-USDTshort	+0.0100%	4h	0.008051	−0.087%	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.008101	+0.536%	$7K	$7K	—	as long as short