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 MEXC+0.113%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$318as in the Funding arb table

Net, price: spread back to 7d avg − costs−$313as in the Price arb table

costs, in and out, $10k−$3203.195% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.113%, 7d avg +0.050%

Together, before fees−0.095%−$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: Bybit is 0.063% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BANANAS31_USDT	0.007973	0.0100	pay 0.0050% / 4h	2h 53m	$8.3M	$146K	100x
Short	Bybit BANANAS31USDT	0.007982	0.0100	get 0.0050% / 4h	2h 53m	$418K	$148K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.113%Rate

Funding earned: $0
Price spread: +0.113% → +0.050%: $6.28
Slippage, 4 orders: −$304.51
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$313.23
Costs to cover: 3.195%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bybit: 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 MEXC live order book, 4 min ago	0.63 bp	11.4 bp −$11	49.7 bp −$497	153.7 bp −$15.4K	488.5 bp −$244.2K
Sell Bybit live order book, 51 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	0.007980	+0.083%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007971	−0.025%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDTshort	+0.0100%	4h	0.007982	+0.113%	$418K	$148K	20x
Gate BANANAS31_USDT	+0.0100%	4h	0.007966	−0.088%	$257K	$17K	20x	as long as short
MEXC BANANAS31_USDTlong	+0.0100%	4h	0.007973	long leg	$8.3M	$146K	100x
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007977	+0.050%	$137K	$17K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007972	−0.013%	$359K	$143K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007978	+0.063%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007933	−0.500%	$7K	$6K	—	as long as short