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 Gate+0.177%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,461as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,444as in the Price arb table

costs, in and out, $10k−$1,46014.596% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.177%, 7d avg +0.021%

Together, before fees−0.175%−$17 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 0.156% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BANANAS31_USDT	0.007898	0.0100	pay 0.0050% / 4h	3h 14m	$255K	$17K	20x
Short	KuCoin BANANAS31USDTM	0.007912	0.0100	get 0.0050% / 4h	3h 14m	$136K	$17K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.177%Rate

Funding earned: $0
Price spread: +0.177% → +0.021%: $15.64
Slippage, 4 orders: −$1,432.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,443.97
Costs to cover: 14.596%
Break-even: never at this rate

Slippage from Gate: live order book, 32 min ago; KuCoin: live order book, 50 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, 32 min ago	10.80 bp	41.2 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 50 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	0.007913	+0.188%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007906	+0.101%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007912	+0.177%	$415K	$147K	20x	as long as short
Gate BANANAS31_USDTlong	+0.0100%	4h	0.007898	long leg	$255K	$17K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007905	+0.089%	$8.3M	$147K	100x	as long as short
KuCoin BANANAS31USDTMshort	+0.0100%	4h	0.007912	+0.177%	$136K	$17K	25x
Bitget BANANAS31USDT	+0.0100%	4h	0.007908	+0.127%	$356K	$143K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007909	+0.139%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007904	+0.071%	$7K	$6K	—	as long as short