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: Gate against KuCoin−0.177%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,459as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,475as in the Price arb table

costs, in and out, $10k−$1,46014.596% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.177%, 7d avg −0.021%

Together, before fees+0.174%+$17 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: Gate is 0.156% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BANANAS31USDTM	0.007913	0.0100	pay 0.0050% / 4h	3h 15m	$136K	$17K	25x
Short	Gate BANANAS31_USDT	0.007899	0.0100	get 0.0050% / 4h	3h 15m	$255K	$17K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.177%Rate

Funding earned: $0
Price spread: −0.177% → −0.021%: −$15.61
Slippage, 4 orders: −$1,432.61
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,475.22
Costs to cover: 14.596%
Break-even: never at this rate

Slippage from KuCoin: live order book, 49 min ago; Gate: live order book, 32 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 KuCoin live order book, 49 min ago	30.53 bp	1002.8 bp −$1,003	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 32 min ago	10.80 bp	169.5 bp −$170	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	0.007915	+0.031%	$18K	$2K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.007910	−0.040%	$5.9M	$1.5M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.007914	+0.013%	$415K	$147K	20x	as long as short
Gate BANANAS31_USDTshort	+0.0100%	4h	0.007899	−0.177%	$255K	$17K	20x
MEXC BANANAS31_USDT	+0.0100%	4h	0.007912	−0.013%	$8.3M	$147K	100x	as long as short
KuCoin BANANAS31USDTMlong	+0.0100%	4h	0.007913	long leg	$136K	$17K	25x
Bitget BANANAS31USDT	+0.0100%	4h	0.007910	−0.038%	$356K	$143K	25x	as long as short
BingX BANANAS31-USDT	+0.0100%	4h	0.007907	−0.076%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.007904	−0.119%	$7K	$6K	—	as long as short