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: KuCoin against MEXC+0.025%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,270as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,266as in the Price arb table

costs, in and out, $10k−$1,27012.698% of the position

Long on MEXC Short on KuCoin

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)−0.090%−$9 · spread now +0.025%, 7d avg −0.013%

Together, before fees−0.088%−$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 0.038% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BANANAS31_USDT	0.007900	0.0100	pay 0.0050% / 4h	3h 19m	$8.2M	$147K	100x
Short	KuCoin BANANAS31USDTM	0.007902	0.0100	get 0.0050% / 4h	3h 19m	$136K	$17K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.025%Rate

Funding earned: $0
Price spread: +0.025% → −0.013%: $3.8
Slippage, 4 orders: −$1,253.84
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,266.05
Costs to cover: 12.698%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 45 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	1.27 bp	10.8 bp −$11	58.6 bp −$586	158.8 bp −$15.9K	403.4 bp −$201.7K
Sell KuCoin live order book, 45 min ago	30.53 bp	246.1 bp −$246	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	0.007905	+0.070%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007899	−0.013%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007907	+0.089%	$415K	$147K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.007895	−0.063%	$255K	$17K	20x	as long as short
MEXC BANANAS31_USDTlong	+0.0100%	4h	0.007900	long leg	$8.2M	$147K	100x
KuCoin BANANAS31USDTMshort	+0.0100%	4h	0.007902	+0.025%	$136K	$17K	25x
Bitget BANANAS31USDT	+0.0100%	4h	0.007904	+0.051%	$362K	$140K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007903	+0.038%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007898	−0.024%	$7K	$6K	—	as long as short