Funding arb · Price arb /

TURBO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.2098%/8h= −229.8% APRpaid last 24h +0.039%

Price spread now: Kraken Futures against Aster−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$63 a day on $10k at the current rate, and Kraken Futures is 0.058% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TURBOUSDT	0.001066	0.0100	pay 0.0050% / 4h	2h 20m	$10K	$22K	10x
Short	Kraken Futures PF_TURBOUSD	0.001065	−0.1998	pay 0.0250% / 1h	20m 33s	$71K	$32K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$440.65
Price spread: −0.058% → 0.000%: −$5.83
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$464.48
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Aster and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TURBO on 14 exchanges

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
Kraken Futures PF_TURBOUSDshort	−0.1998%	1h	0.001065	−0.058%	$71K	$32K	20x
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+0.318%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0089%	4h	0.001066	+0.018%	$153K	$501K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001066	+0.037%	$312K	$182K	3x	as long as short
Aster TURBOUSDTlong	+0.0100%	4h	0.001066	long leg	$10K	$22K	10x
Binance TURBOUSDT	+0.0100%	4h	0.001065	−0.070%	$2.9M	$6.8M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001067	+0.093%	$382K	$794K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001066	+0.046%	$904K	$2.4M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001067	+0.093%	$391K	$360K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001064	−0.160%	$5.6M	$619K	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TURBOUSDT	+0.0100%	4h	0.001066	+0.037%	$1.0M	$620K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001066	+0.027%	—	$9.6M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001065	−0.099%	$3K	$194K	5x	as long as short
KuCoin TURBOUSDTM	+0.0198%	4h	0.001067	+0.130%	$1.9M	$985K	20x	as long as short