Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: BingX against Gate+0.128%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$282as in the Funding arb table

Net, price: spread back to 7d avg − costs−$273as in the Price arb table

costs, in and out, $10k−$2822.818% of the position

Long on Gate Short on BingX

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)−0.028%−$3 · spread now +0.128%, 7d avg +0.043%

Together, before fees−0.027%−$3 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 0.085% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BANANAS31_USDT	0.007836	0.0100	pay 0.0050% / 4h	1h 21m	$253K	$19K	20x
Short	BingX BANANAS31-USDT	0.007846	0.0100	get 0.0050% / 4h	1h 21m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.128%Rate

Funding earned: $0
Price spread: +0.128% → +0.043%: $8.5
Slippage, 4 orders: −$256.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$273.3
Costs to cover: 2.818%
Break-even: never at this rate

Slippage from Gate: live order book, 55 min ago; BingX: live order book, 2 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 Gate live order book, 55 min ago	12.75 bp	48.5 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	8.29 bp	29.0 bp −$29	91.1 bp −$911	893.7 bp −$89.4K	1117.8 bp −$558.9K

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	0.007850	+0.179%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007848	+0.151%	$5.8M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007852	+0.204%	$409K	$222K	20x	as long as short
Gate BANANAS31_USDTlong	+0.0100%	4h	0.007836	long leg	$253K	$19K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007849	+0.166%	$8.2M	$178K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007852	+0.204%	$137K	$21K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007853	+0.217%	$353K	$142K	25x	as long as short
BingX BANANAS31-USDTshort	+0.0100%	4h	0.007846	+0.128%	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.007849	+0.160%	$4K	$3K	—	as long as short