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: BingX against Gate+0.101%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$296as in the Funding arb table

Net, price: spread back to 7d avg − costs−$290as in the Price arb table

costs, in and out, $10k−$2962.956% of the position

Long on Gate Short on BingX

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)−0.039%−$4 · spread now +0.101%, 7d avg +0.048%

Together, before fees−0.038%−$4 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: BingX is 0.053% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BANANAS31_USDT	0.007953	0.0100	pay 0.0050% / 4h	2h 29m	$256K	$17K	20x
Short	BingX BANANAS31-USDT	0.007961	0.0100	get 0.0050% / 4h	2h 29m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.101%Rate

Funding earned: $0
Price spread: +0.101% → +0.048%: $5.25
Slippage, 4 orders: −$270.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$290.35
Costs to cover: 2.956%
Break-even: never at this rate

Slippage from Gate: live order book, 13 min ago; BingX: live order book, 4 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, 13 min ago	12.57 bp	39.9 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	6.91 bp	27.0 bp −$27	90.2 bp −$902	833.2 bp −$83.3K	1054.6 bp −$527.3K

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	0.007968	+0.184%	$18K	$3K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007955	+0.025%	$5.9M	$1.6M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007965	+0.151%	$420K	$151K	20x	as long as short
Gate BANANAS31_USDTlong	+0.0100%	4h	0.007953	long leg	$256K	$17K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007956	+0.038%	$8.3M	$151K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007965	+0.151%	$139K	$18K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007964	+0.138%	$358K	$148K	25x	as long as short
BingX BANANAS31-USDTshort	+0.0100%	4h	0.007961	+0.101%	—	$2.3M	—
Variational Omni BANANAS31	+0.0100%	4h	0.007967	+0.179%	$8K	$6K	—	as long as short