Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.146%7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$295as in the Funding arb table

Net, price: spread back to 7d avg − costs−$293as in the Price arb table

costs, in and out, $10k−$2982.981% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days−0.087%−$9 · spread now +0.146%, 7d avg +0.093%

Together, before fees−0.051%−$5 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: KuCoin is 0.053% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TURBOUSDT	0.001070	0.0100	pay 0.0050% / 4h	3h 44m	$2.9M	$6.7M	50x
Short	KuCoin TURBOUSDTM	0.001072	0.0100	get 0.0050% / 4h	3h 44m	$1.8M	$961K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.146%Rate

Funding earned: $0
Price spread: +0.146% → +0.093%: $5.3
Slippage, 4 orders: −$276.12
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$292.82
Costs to cover: 2.981%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 2 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, 9 min ago	1.87 bp	22.4 bp −$22	85.4 bp −$854	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	8.86 bp	89.5 bp −$90	634.6 bp −$6,346	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	−0.0831%	1h	0.001069	−0.085%	$71K	$33K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.125%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0060%	4h	0.001069	−0.125%	$153K	$493K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001071	+0.062%	$315K	$170K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001071	+0.033%	$9K	$20K	10x	as long as short
Binance TURBOUSDTlong	+0.0100%	4h	0.001070	long leg	$2.9M	$6.7M	50x
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001069	−0.088%	$390K	$798K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001069	−0.088%	$905K	$2.4M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001071	+0.034%	$388K	$350K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001071	+0.015%	$5.6M	$618K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTMshort	+0.0100%	4h	0.001072	+0.146%	$1.8M	$961K	20x
Bitget TURBOUSDT	+0.0100%	4h	0.001071	+0.062%	$1.0M	$617K	25x	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001070	+0.006%	$1K	$200K	5x	as long as short
BingX TURBO-USDT	+0.0660%	4h	0.001069	−0.078%	—	$9.4M	—	as long as short