Funding arb · Price arb /

BANANAS31

all BANANAS31 markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.100%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,410as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,393as in the Price arb table

costs, in and out, $10k−$1,40914.089% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.100%, 7d avg −0.059%

Together, before fees−0.280%−$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: KuCoin is 0.159% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BANANAS31USDT	0.008007	0.0100	pay 0.0050% / 4h	2h 56m	$430K	$165K	20x
Short	KuCoin BANANAS31USDTM	0.008015	0.0100	get 0.0050% / 4h	2h 56m	$144K	$18K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.100%Rate

Funding earned: $0
Price spread: +0.100% → −0.059%: $15.89
Slippage, 4 orders: −$1,385.88
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,392.99
Costs to cover: 14.089%
Break-even: never at this rate

Slippage from Bybit: live order book, 28 min ago; KuCoin: live order book, 24 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 Bybit live order book, 28 min ago	6.26 bp	104.9 bp −$105	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 24 min ago	51.02 bp	286.7 bp −$287	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	0.008000	−0.093%	$18K	$4K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007999	−0.097%	$6.0M	$1.9M	25x	as long as short
Bybit BANANAS31USDTlong	+0.0100%	4h	0.008007	long leg	$430K	$165K	20x
Gate BANANAS31_USDT	+0.0100%	4h	0.008001	−0.075%	$260K	$18K	20x	as long as short
MEXC BANANAS31_USDT	+0.0100%	4h	0.008002	−0.062%	$8.4M	$163K	100x	as long as short
KuCoin BANANAS31USDTMshort	+0.0100%	4h	0.008015	+0.100%	$144K	$18K	25x
Bitget BANANAS31USDT	+0.0100%	4h	0.008003	−0.050%	$367K	$173K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.008004	−0.037%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.008006	−0.018%	$7K	$7K	—	as long as short