Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget+0.076%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$264as in the Funding arb table

Net, price: spread back to 7d avg − costs−$255as in the Price arb table

costs, in and out, $10k−$2652.652% of the position

Long on Bitget Short on Gate

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)−0.081%−$8 · spread now +0.076%, 7d avg −0.022%

Together, before fees−0.067%−$7 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 0.098% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BANANAS31USDT	0.007870	0.0100	pay 0.0050% / 4h	2h 03m	$358K	$134K	25x
Short	Gate BANANAS31_USDT	0.007876	0.0100	get 0.0050% / 4h	2h 03m	$255K	$18K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → −0.022%: $9.81
Slippage, 4 orders: −$238.18
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$255.37
Costs to cover: 2.652%
Break-even: never at this rate

Slippage from Bitget: live order book, 57 min ago; Gate: live order book, 58 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 Bitget live order book, 57 min ago	4.44 bp	35.4 bp −$35	132.9 bp −$1,329	doesn't fit	doesn't fit
Sell Gate live order book, 58 min ago	8.25 bp	165.3 bp −$165	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	0.007888	+0.231%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007871	+0.013%	$5.8M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007881	+0.140%	$413K	$166K	20x	as long as short
Gate BANANAS31_USDTshort	+0.0100%	4h	0.007876	+0.076%	$255K	$18K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007877	+0.089%	$8.2M	$177K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007876	+0.076%	$137K	$19K	25x	as long as short
Bitget BANANAS31USDTlong	+0.0100%	4h	0.007870	long leg	$358K	$134K	25x
BingX BANANAS31-USDT	+0.0100%	4h	0.007878	+0.102%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007882	+0.154%	$7K	$7K	—	as long as short