BAN funding rates and arbitrage

BAN perpetuals trade on 8 contracts across 8 venues, forming 28 cross-venue arbitrage pairs. By net APR the current best pair is long Aster against short Binance, netting 0.00%, with both legs settling on the same cadenceใ€‚

BAN perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BinanceBANUSDTUSDT4h0.0050%+10.95%+11.05%$521K0.05332
LBankBANUSDTUSDT4h0.0050%+10.95%+11.05%$357K0.05332
BybitBANUSDTUSDT4h0.0050%+10.95%+10.00%$188K0.05321
MEXCBAN_USDTUSDT4h0.0050%+10.95%+11.05%$110K0.05331
GateBAN_USDTUSDT8h0.0100%+10.95%+10.95%$44K0.05323
BitgetBANUSDTUSDT4h0.0050%+10.95%+10.95%$28K0.05331
KuCoinBANUSDTMUSDT4h0.0050%+10.95%+10.95%$19K0.05338
AsterBANUSDTUSDT4h0.0050%+10.95%+17.46%$3K0.05336

BAN cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Aster USDTBinance USDT0.00%0.0000%-6.41%4h matched$3K
Aster USDTBitget USDT0.00%0.0000%-6.51%4h matched$3K
Aster USDTBybit USDT0.00%0.0000%-7.46%4h matched$3K
Aster USDTGate USDT0.00%0.0000%-6.51%4h / 8h$3K
Aster USDTKuCoin USDT0.00%0.0000%-6.51%4h matched$3K
Aster USDTLBank USDT0.00%0.0000%-6.41%4h matched$3K
Aster USDTMEXC USDT0.00%0.0000%-6.41%4h matched$3K
Binance USDTBitget USDT0.00%0.0000%-0.10%4h matched$28K
Binance USDTBybit USDT0.00%0.0000%-1.05%4h matched$188K
Binance USDTGate USDT0.00%0.0000%-0.10%4h / 8h$44K
Binance USDTKuCoin USDT0.00%0.0000%-0.10%4h matched$19K
Binance USDTLBank USDT0.00%0.0000%-0.00%4h matched$357K

Comedian project profile

Key facts
Total
999.96M
Max supply
1.00B
Type
Coin
Algorithm
Blake2b
Market cap rank
#422
Meme
About

BANANO was forked in April 2018 from NANO. BANANO offers instant, feeless and rich in potassium ๐ŸŒ transactions, thanks to the fact that BANANO developers (several of them having being involved in NANO itself) have kept big portions of the original code unchanged to keep cross-chain compatibility between existing code libraries. However, they have fined-tuned some parameters, such as Proof of Work requirements and currency units. While the focus for now is on having an ongoing free and fair distribution, BANANO is also experimenting with feature additions such as a privacy layer (Camo BANANO), on-chain messaging (MonkeyTalks) and more. In context of distribution, we aim to use our meanwhile ready-to-strike infrastructure with easy-to-use mobile wallets (Kalium) and tipbots on several major social media platforms to onboard normies and crypto-noobs who have no idea yet what a cryptocurrency is. We also might do IRL airdrops at some point. Of note, key here is to make the start with crypto as easy as possible, use a fun attitude and gamification to get new users started without all the usual hassle, and then educate them to handle crypto in general in a responsible way.

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

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