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: Bitget against MEXC+0.037%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on MEXC Short on Bitget

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)−0.082%−$8 · spread now +0.037%, 7d avg −0.008%

Together, before fees−0.081%−$8 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: Bitget is 0.046% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BANANAS31_USDT	0.008007	0.0100	pay 0.0050% / 4h	1h 28m	$8.4M	$160K	100x
Short	Bitget BANANAS31USDT	0.008010	0.0100	get 0.0050% / 4h	1h 28m	$359K	$152K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now +0.037%Rate

Funding earned: $0
Price spread: +0.037% → −0.008%: $4.59
Slippage, 4 orders: −$77.67
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$89.08
Costs to cover: 0.937%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 7 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 MEXC live order book, 5 min ago	1.25 bp	11.7 bp −$12	65.6 bp −$656	177.0 bp −$17.7K	486.8 bp −$243.4K
Sell Bitget live order book, 7 min ago	5.62 bp	42.2 bp −$42	226.6 bp −$2,266	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	0.008009	+0.027%	$18K	$3K	5x	as long as short
Binance BANANAS31USDT	+0.0100%	4h	0.008009	+0.027%	$6.0M	$1.7M	25x	as long as short
Bybit BANANAS31USDT	+0.0100%	4h	0.008016	+0.112%	$427K	$162K	20x	as long as short
Gate BANANAS31_USDT	+0.0100%	4h	0.008006	−0.012%	$259K	$17K	20x	as long as short
MEXC BANANAS31_USDTlong	+0.0100%	4h	0.008007	long leg	$8.4M	$160K	100x
KuCoin BANANAS31USDTM	+0.0100%	4h	0.008023	+0.200%	$142K	$18K	25x	as long as short
Bitget BANANAS31USDTshort	+0.0100%	4h	0.008010	+0.037%	$359K	$152K	25x
BingX BANANAS31-USDT	+0.0100%	4h	0.008011	+0.050%	—	$2.3M	—	as long as short
Variational Omni BANANAS31	+0.0100%	4h	0.008000	−0.086%	$7K	$7K	—	as long as short