Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against KuCoin−0.025%7-day average +0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,546as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,556as in the Price arb table

costs, in and out, $10k−$1,54715.471% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.025%, 7d avg +0.063%

Together, before fees+0.105%+$11 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: Bybit is 0.087% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BANANAS31USDTM	0.008039	0.0100	pay 0.0050% / 4h	2h 50m	$138K	$17K	25x
Short	Bybit BANANAS31USDT	0.008037	0.0100	get 0.0050% / 4h	2h 50m	$421K	$148K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → +0.063%: −$8.74
Slippage, 4 orders: −$1,524.13
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,555.88
Costs to cover: 15.471%
Break-even: never at this rate

Slippage from KuCoin: live order book, 74 min ago; Bybit: live order book, 54 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 KuCoin live order book, 74 min ago	30.53 bp	1002.8 bp −$1,003	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 54 min ago	6.97 bp	144.8 bp −$145	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	0.008033	−0.069%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.008034	−0.063%	$6.0M	$1.5M	25x	as long as short
Bybit BANANAS31USDTshort	+0.0100%	4h	0.008037	−0.025%	$421K	$148K	20x
Gate BANANAS31_USDT	+0.0100%	4h	0.008024	−0.187%	$259K	$17K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.008030	−0.112%	$8.4M	$146K	100x	as long as short
KuCoin BANANAS31USDTMlong	+0.0100%	4h	0.008039	long leg	$138K	$17K	25x
Bitget BANANAS31USDT	+0.0100%	4h	0.008043	+0.050%	$362K	$143K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.008037	−0.025%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.008025	−0.173%	$8K	$6K	—	as long as short