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: MEXC against KuCoin−0.038%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$525as in the Funding arb table

Net, price: spread back to 7d avg − costs−$529as in the Price arb table

costs, in and out, $10k−$5255.248% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.038%, 7d avg +0.006%

Together, before fees+0.101%+$10 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: MEXC is 0.044% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BANANAS31USDTM	0.007949	0.0100	pay 0.0050% / 4h	1h 27m	$151K	$25K	25x
Short	MEXC BANANAS31_USDT	0.007946	0.0100	get 0.0050% / 4h	1h 27m	$8.3M	$166K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.038%Rate

Funding earned: $0
Price spread: −0.038% → +0.006%: −$4.36
Slippage, 4 orders: −$508.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$529.14
Costs to cover: 5.248%
Break-even: never at this rate

Slippage from KuCoin: live order book, 74 min ago; MEXC: live order book, 3 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	16.33 bp	240.9 bp −$241	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.52 bp	13.2 bp −$13	56.6 bp −$566	154.8 bp −$15.5K	452.5 bp −$226.2K

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	0.007949	−0.001%	$18K	$4K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007949	−0.001%	$5.9M	$2.0M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007957	+0.101%	$438K	$163K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.007943	−0.075%	$259K	$19K	20x	as long as short
MEXC BANANAS31_USDTshort	+0.0100%	4h	0.007946	−0.038%	$8.3M	$166K	100x
KuCoin BANANAS31USDTMlong	+0.0100%	4h	0.007949	long leg	$151K	$25K	25x
Bitget BANANAS31USDT	+0.0100%	4h	0.007949	0.000%	$368K	$179K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007951	+0.025%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007944	−0.061%	$7K	$7K	—	as long as short