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 Bybit−0.127%7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$479as in the Funding arb table

Net, price: spread back to 7d avg − costs−$483as in the Price arb table

costs, in and out, $10k−$4794.789% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.127%, 7d avg −0.082%

Together, before fees+0.009%+$1 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 0.045% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BANANAS31USDT	0.007893	0.0100	pay 0.0050% / 4h	1h 14m	$414K	$151K	20x
Short	Gate BANANAS31_USDT	0.007883	0.0100	get 0.0050% / 4h	1h 14m	$255K	$17K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.127%Rate

Funding earned: $0
Price spread: −0.127% → −0.082%: −$4.49
Slippage, 4 orders: −$452.86
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$483.35
Costs to cover: 4.789%
Break-even: never at this rate

Slippage from Bybit: live order book, 40 min ago; Gate: live order book, 42 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, 40 min ago	11.44 bp	151.1 bp −$151	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 42 min ago	7.62 bp	147.2 bp −$147	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	0.007890	−0.038%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007887	−0.073%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDTlong	+0.0100%	4h	0.007893	long leg	$414K	$151K	20x
Gate BANANAS31_USDTshort	+0.0100%	4h	0.007883	−0.127%	$255K	$17K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007888	−0.063%	$8.2M	$176K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007894	+0.013%	$138K	$17K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007887	−0.076%	$358K	$136K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007891	−0.025%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007896	+0.038%	$7K	$6K	—	as long as short