Settings8H · net · $10k
Funding arb · Price arb /

BANANAS31

all BANANAS31 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.046%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$363as in the Funding arb table
Net, price: spread back to 7d avg − costs−$364as in the Price arb table
costs, in and out, $10k−$3643.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.046%, 7d avg +0.049%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANANAS31USDT0.0078490.0100pay 0.0050% / 4h1h 49m$5.8M$1.5M25x
ShortBybit BANANAS31USDT0.0078530.0100get 0.0050% / 4h1h 49m$410K$219K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Funding earned
$0
Price spread: +0.046% → +0.049%
−$0.27
Slippage, 4 orders
−$342.99
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$364.25
Costs to cover
3.640%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago4.46 bp34.6 bp −$35207.8 bp −$2,078doesn't fitdoesn't fit
Sell Bybit live order book, 26 min ago5.72 bp149.7 bp −$150doesn't fitdoesn't fitdoesn't fit

BANANAS31 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BANANAS31USDT+0.0100%4h0.007854+0.058%$18K$2K5xas long as short
Binance BANANAS31USDTlong+0.0100%4h0.007849long leg$5.8M$1.5M25x
Bybit BANANAS31USDTshort+0.0100%4h0.007853+0.046%$410K$219K20x
Gate BANANAS31_USDT+0.0100%4h0.007854+0.059%$254K$19K20xas long as short
MEXC BANANAS31_USDT+0.0100%4h0.007850+0.008%$8.2M$174K100xas long as short
KuCoin BANANAS31USDTM+0.0100%4h0.007854+0.059%$137K$22K25xas long as short
Bitget BANANAS31USDT+0.0100%4h0.007845−0.056%$353K$140K25xas long as short
BingX BANANAS31-USDT+0.0100%4h0.007850+0.008%$2.3Mas long as short
Variational Omni BANANAS31+0.0100%4h0.007854+0.063%$2K$1Kas long as short