Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

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: Bitget against Gate+0.089%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$246as in the Price arb table

costs, in and out, $10k−$2532.529% of the position

Long on Gate Short on Bitget

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)−0.089%−$9 · spread now +0.089%, 7d avg +0.019%

Together, before fees−0.103%−$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: Bitget is 0.070% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BANANAS31_USDT	0.007863	0.0100	pay 0.0050% / 4h	22m 58s	$254K	$19K	20x
Short	Bitget BANANAS31USDT	0.007870	0.0100	get 0.0050% / 4h	22m 58s	$354K	$138K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.089%Rate

Funding earned: $0
Price spread: +0.089% → +0.019%: $6.96
Slippage, 4 orders: −$225.92
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$245.96
Costs to cover: 2.529%
Break-even: never at this rate

Slippage from Gate: live order book, 49 min ago; Bitget: live order book, 47 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 Gate live order book, 49 min ago	9.57 bp	41.6 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 47 min ago	4.46 bp	35.2 bp −$35	144.4 bp −$1,444	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	0.007871	+0.099%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007869	+0.076%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007873	+0.127%	$413K	$184K	20x	as long as short
Gate BANANAS31_USDTlong	+0.0100%	4h	0.007863	long leg	$254K	$19K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007866	+0.038%	$8.2M	$172K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007861	−0.025%	$137K	$20K	25x	as long as short
Bitget BANANAS31USDTshort	+0.0100%	4h	0.007870	+0.089%	$354K	$138K	25x
BingX BANANAS31-USDT	+0.0100%	4h	0.007870	+0.089%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007878	+0.192%	$7K	$6K	—	as long as short