Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance+0.106%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$1021.023% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.065%−$7 · spread now +0.106%, 7d avg +0.039%

Together, before fees−0.065%−$7 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 0.068% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TURBOUSDT	0.001063	0.0100	pay 0.0050% / 4h	2m 44s	$2.9M	$5.9M	50x
Short	Bitget TURBOUSDT	0.001064	0.0100	get 0.0050% / 4h	2m 44s	$1.0M	$509K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.106%Rate

Funding earned: $0
Price spread: +0.106% → +0.039%: $6.78
Slippage, 4 orders: −$80.32
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$95.54
Costs to cover: 1.023%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 3 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 Binance live order book, 6 min ago	2.84 bp	20.7 bp −$21	88.8 bp −$888	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	9.43 bp	31.8 bp −$32	98.0 bp −$980	doesn't fit	doesn't fit

TURBO on 14 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
Kraken Futures PF_TURBOUSD	−0.0509%	1h	0.001063	−0.015%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+0.577%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001063	+0.012%	$315K	$146K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001062	−0.077%	$9K	$20K	10x	as long as short
Binance TURBOUSDTlong	+0.0100%	4h	0.001063	long leg	$2.9M	$5.9M	50x
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001063	+0.050%	$391K	$736K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001065	+0.200%	$913K	$2.0M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001061	−0.138%	$387K	$278K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001063	+0.022%	$5.4M	$580K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001062	−0.101%	$1.9M	$809K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TURBOUSDTshort	+0.0100%	4h	0.001064	+0.106%	$1.0M	$509K	25x
BingX TURBO-USDT	+0.0100%	4h	0.001063	+0.040%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001061	−0.163%	$2K	$162K	5x	as long as short
BloFin TURBO-USDT	+0.0107%	4h	0.001061	−0.167%	$155K	$440K	75x	as long as short