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: KuCoin against Bitget+0.076%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,203as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,195as in the Price arb table

costs, in and out, $10k−$1,20312.031% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.076%, 7d avg −0.004%

Together, before fees−0.112%−$11 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 0.080% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BANANAS31USDT	0.007856	0.0100	pay 0.0050% / 4h	1h 26m	$360K	$134K	25x
Short	KuCoin BANANAS31USDTM	0.007862	0.0100	get 0.0050% / 4h	1h 26m	$137K	$17K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → −0.004%: $8.01
Slippage, 4 orders: −$1,179.14
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,195.13
Costs to cover: 12.031%
Break-even: never at this rate

Slippage from Bitget: live order book, 28 min ago; KuCoin: live order book, 62 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, 28 min ago	3.81 bp	37.7 bp −$38	175.0 bp −$1,750	doesn't fit	doesn't fit
Sell KuCoin live order book, 62 min ago	34.22 bp	289.2 bp −$289	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	0.007863	+0.090%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007854	−0.023%	$5.8M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007862	+0.076%	$412K	$151K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.007848	−0.102%	$254K	$17K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.007857	+0.013%	$8.2M	$175K	100x	as long as short
KuCoin BANANAS31USDTMshort	+0.0100%	4h	0.007862	+0.076%	$137K	$17K	25x
Bitget BANANAS31USDTlong	+0.0100%	4h	0.007856	long leg	$360K	$134K	25x
BingX BANANAS31-USDT	+0.0100%	4h	0.007859	+0.038%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007865	+0.113%	$7K	$6K	—	as long as short