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: MEXC against Gate+0.127%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$232as in the Funding arb table

Net, price: spread back to 7d avg − costs−$221as in the Price arb table

costs, in and out, $10k−$2312.307% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.127%, 7d avg +0.032%

Together, before fees−0.090%−$9 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: MEXC is 0.095% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BANANAS31_USDT	0.007878	0.0100	pay 0.0050% / 4h	3h 48m	$255K	$18K	20x
Short	MEXC BANANAS31_USDT	0.007888	0.0100	get 0.0050% / 4h	3h 48m	$8.2M	$171K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.127%Rate

Funding earned: $0
Price spread: +0.127% → +0.032%: $9.47
Slippage, 4 orders: −$211.72
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$221.25
Costs to cover: 2.307%
Break-even: never at this rate

Slippage from Gate: live order book, 18 min ago; MEXC: live order book, 9 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, 18 min ago	12.08 bp	40.7 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 9 min ago	1.27 bp	11.8 bp −$12	56.2 bp −$562	143.6 bp −$14.4K	390.1 bp −$195.0K

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	0.007895	+0.221%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007888	+0.132%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007897	+0.241%	$414K	$182K	20x	as long as short
Gate BANANAS31_USDTlong	+0.0100%	4h	0.007878	long leg	$255K	$18K	20x
MEXC BANANAS31_USDTshort	+0.0100%	4h	0.007888	+0.127%	$8.2M	$171K	100x
KuCoin BANANAS31USDTM	+0.0100%	4h	0.007885	+0.089%	$138K	$20K	25x	as long as short
Bitget BANANAS31USDT	+0.0100%	4h	0.007888	+0.127%	$355K	$137K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007887	+0.114%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007899	+0.264%	$7K	$6K	—	as long as short