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: BingX against MEXC−0.050%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$930.926% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.050%, 7d avg +0.016%

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: BingX is 0.066% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BANANAS31_USDT	0.008062	0.0100	pay 0.0050% / 4h	9m 23s	$8.4M	$172K	100x
Short	BingX BANANAS31-USDT	0.008058	0.0100	get 0.0050% / 4h	9m 23s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → +0.016%: −$6.6
Slippage, 4 orders: −$78.63
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$99.23
Costs to cover: 0.926%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 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 MEXC live order book, 2 min ago	2.49 bp	9.3 bp −$9	57.3 bp −$573	157.6 bp −$15.8K	476.5 bp −$238.3K
Sell BingX live order book, 2 min ago	6.83 bp	34.8 bp −$35	113.1 bp −$1,131	840.9 bp −$84.1K	1063.4 bp −$531.7K

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	0.008063	+0.013%	$18K	$5K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.008065	+0.034%	$6.0M	$2.1M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.008069	+0.087%	$439K	$162K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.008054	−0.099%	$261K	$18K	20x	as long as short
MEXC BANANAS31_USDTlong	+0.0100%	4h	0.008062	long leg	$8.4M	$172K	100x
KuCoin BANANAS31USDTM	+0.0100%	4h	0.008064	+0.025%	$146K	$26K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.008060	−0.025%	$392K	$201K	25x	as long as short
BingX BANANAS31-USDTshort	+0.0100%	4h	0.008058	−0.050%	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.008053	−0.108%	$7K	$7K	—	as long as short