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: Bybit against Gate+0.241%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$479as in the Funding arb table

Net, price: spread back to 7d avg − costs−$463as in the Price arb table

costs, in and out, $10k−$4794.789% of the position

Long on Gate Short on Bybit

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)−0.124%−$12 · spread now +0.241%, 7d avg +0.082%

Together, before fees−0.123%−$12 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: Bybit is 0.160% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BANANAS31_USDT	0.007870	0.0100	pay 0.0050% / 4h	1h 10m	$254K	$17K	20x
Short	Bybit BANANAS31USDT	0.007889	0.0100	get 0.0050% / 4h	1h 10m	$414K	$151K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.241%Rate

Funding earned: $0
Price spread: +0.241% → +0.082%: $15.96
Slippage, 4 orders: −$452.86
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$462.9
Costs to cover: 4.789%
Break-even: never at this rate

Slippage from Gate: live order book, 46 min ago; Bybit: live order book, 44 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, 46 min ago	7.62 bp	47.8 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 44 min ago	11.44 bp	132.8 bp −$133	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	0.007890	+0.254%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007879	+0.114%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDTshort	+0.0100%	4h	0.007889	+0.241%	$414K	$151K	20x
Gate BANANAS31_USDTlong	+0.0100%	4h	0.007870	long leg	$254K	$17K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007878	+0.102%	$8.2M	$176K	100x	as long as short
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007882	+0.152%	$137K	$17K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007884	+0.178%	$358K	$136K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007881	+0.140%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007880	+0.127%	$7K	$6K	—	as long as short