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: KuCoin against Gate+0.153%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,540as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,525as in the Price arb table

costs, in and out, $10k−$1,53915.387% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.153%, 7d avg +0.020%

Together, before fees−0.085%−$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: KuCoin is 0.133% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BANANAS31_USDT	0.007848	0.0100	pay 0.0050% / 4h	23m 19s	$253K	$17K	20x
Short	KuCoin BANANAS31USDTM	0.007860	0.0100	get 0.0050% / 4h	23m 19s	$137K	$17K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → +0.020%: $13.32
Slippage, 4 orders: −$1,511.69
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,525.37
Costs to cover: 15.387%
Break-even: never at this rate

Slippage from Gate: live order book, 28 min ago; KuCoin: live order book, 51 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, 28 min ago	5.10 bp	33.5 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 51 min ago	27.30 bp	279.7 bp −$280	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	0.007868	+0.249%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007854	+0.077%	$5.8M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007859	+0.140%	$412K	$152K	20x	as long as short
Gate BANANAS31_USDTlong	+0.0100%	4h	0.007848	long leg	$253K	$17K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007855	+0.089%	$8.2M	$145K	100x	as long as short
KuCoin BANANAS31USDTMshort	+0.0100%	4h	0.007860	+0.153%	$137K	$17K	25x
Bitget BANANAS31USDT	+0.0100%	4h	0.007858	+0.127%	$354K	$139K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007855	+0.089%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007854	+0.071%	$7K	$6K	—	as long as short