Camaraderie is death spiral among anxious social group because a lot of people loudly object to such things. OMG you did not get their consent becomes an issue among people who are bad at exuding and reading non verbal signals about how welcome such things are.
Instead of submission and dominance I think an entirely different frame is helpful. Play fighting helps animals build the procedural knowledge for real fighting. In the same way that you would run or go to the gym with friends you might engage in playful status jostling with your friends so that when someone tries to actually knock your status down a peg it isn't a totally new reference class of experience and you just fire right back like you might with friends.
I like what you wrote here, but I feel like you and OP are talking about different things. For you, such experience is a traning for situation when someone tries to knock down your status for real, so that you are ready to defend yourself. For OP, it is an experience that feels nice.