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: MEXC against Binance+0.022%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$860.856% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.024%−$2 · spread now +0.022%, 7d avg −0.001%

Together, before fees−0.023%−$2 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 0.023% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BANANAS31USDT	0.008018	0.0100	pay 0.0050% / 4h	1h 51m	$6.0M	$1.7M	25x
Short	MEXC BANANAS31_USDT	0.008020	0.0100	get 0.0050% / 4h	1h 51m	$8.4M	$159K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → −0.001%: $2.27
Slippage, 4 orders: −$71.61
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$83.34
Costs to cover: 0.856%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; MEXC: live order book, 1 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 Binance live order book, 1 min ago	3.73 bp	26.8 bp −$27	198.4 bp −$1,984	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	3.12 bp	13.2 bp −$13	54.5 bp −$545	128.7 bp −$12.9K	446.7 bp −$223.3K

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	0.008029	+0.132%	$18K	$3K	5x	as long as short
Binance BANANAS31USDTlong	+0.0100%	4h	0.008018	long leg	$6.0M	$1.7M	25x
Bybit BANANAS31USDT	+0.0100%	4h	0.008022	+0.047%	$425K	$159K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.008013	−0.065%	$259K	$17K	20x	as long as short
MEXC BANANAS31_USDTshort	+0.0100%	4h	0.008020	+0.022%	$8.4M	$159K	100x
KuCoin BANANAS31USDTM	+0.0100%	4h	0.008032	+0.172%	$140K	$18K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.008029	+0.134%	$359K	$150K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.008018	−0.003%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.008044	+0.316%	$7K	$7K	—	as long as short