Doesn't a real friendship imply equal status? That equal status is always there, the teasing is thanks to it being equal, not fluctuating. At most you could say you are pretending to be lower or higher than each other, but acknowledging that is in fact pretending.
If you are male then yes. Pretty much all male bonding is about temporarily raising or lowering yours or your friends status, then laughing at the absurdity at what you've just done. Male groups typically have a leader (or "alpha") and the rest are equals.
If you are female then there is a harder edge to this game. It's played far more subtly, but the changes in status are real and permanent and no-one's laughing afterwards. Female groups have very strict pecking orders.
You missed the point. You're comfortable enough with your equal status to openly deflate their status, _because_ you both know it doesn't mean anything. Fair trade/permission giving: later they can tease you and lower your status.
Then real dicks use that sort of friendship to only lower the status of their friends, which is why we call them dicks.
Nah, I didn't miss the point, I got it square on. I just wanted to make the point about equality, which the post I replied to doesn't: "comfortable enough with the status dynamics of your relationship" doesn't necessarily indicate equality.