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: Gate against BingX+0.128%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$291as in the Funding arb table

Net, price: spread back to 7d avg − costs−$274as in the Price arb table

costs, in and out, $10k−$2912.913% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.128%, 7d avg −0.044%

Together, before fees−0.285%−$28 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: Gate is 0.172% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BANANAS31-USDT	0.007832	0.0100	pay 0.0050% / 4h	2h 03m	—	$2.3M	—
Short	Gate BANANAS31_USDT	0.007842	0.0100	get 0.0050% / 4h	2h 03m	$253K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now +0.128%Rate

Funding earned: $0
Price spread: +0.128% → −0.044%: $17.21
Slippage, 4 orders: −$266.34
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$274.13
Costs to cover: 2.913%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; Gate: live order book, 13 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 BingX live order book, 14 min ago	7.63 bp	36.6 bp −$37	114.4 bp −$1,144	919.8 bp −$92.0K	1077.0 bp −$538.5K
Sell Gate live order book, 13 min ago	12.75 bp	172.4 bp −$172	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	0.007846	+0.180%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007834	+0.025%	$5.8M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007842	+0.128%	$410K	$219K	20x	as long as short
Gate BANANAS31_USDTshort	+0.0100%	4h	0.007842	+0.128%	$253K	$19K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007835	+0.038%	$8.2M	$177K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007837	+0.064%	$136K	$20K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007840	+0.102%	$353K	$140K	25x	as long as short
BingX BANANAS31-USDTlong	+0.0100%	4h	0.007832	long leg	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.007835	+0.040%	$2K	$1K	—	as long as short