Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BingX+0.347%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$940.943% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.409%−$41 · spread now +0.347%, 7d avg −0.046%

Together, before fees−0.409%−$41 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: Binance is 0.392% dearer against BingX than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TURBO-USDT	0.001039	0.0100	pay 0.0050% / 4h	2h 23m	—	$7.7M	—
Short	Binance TURBOUSDT	0.001042	0.0100	get 0.0050% / 4h	2h 23m	$2.9M	$6.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.347%Rate

Funding earned: $0
Price spread: +0.347% → −0.046%: $39.24
Slippage, 4 orders: −$74.3
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$55.06
Costs to cover: 0.943%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; Binance: live order book, 15 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 BingX live order book, 15 min ago	7.18 bp	19.8 bp −$20	51.3 bp −$513	432.2 bp −$43.2K	598.9 bp −$299.5K
Sell Binance live order book, 15 min ago	1.92 bp	30.3 bp −$30	94.2 bp −$942	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	−0.0117%	1h	0.001041	+0.204%	$68K	$30K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+2.907%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0077%	4h	0.001040	+0.096%	$151K	$460K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001042	+0.308%	$310K	$165K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001039	+0.058%	$9K	$19K	10x	as long as short
Binance TURBOUSDTshort	+0.0100%	4h	0.001042	+0.347%	$2.9M	$6.3M	50x
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001041	+0.221%	$372K	$759K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001041	+0.231%	$871K	$2.2M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001041	+0.212%	$380K	$324K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001040	+0.164%	$5.3M	$611K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTM	+0.0100%	4h	0.001040	+0.067%	$1.8M	$858K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001040	+0.116%	$985K	$578K	25x	as long as short
BingX TURBO-USDTlong	+0.0100%	4h	0.001039	long leg	—	$7.7M	—
Extended TURBO-USD	+0.0104%	1h	0.001039	+0.039%	$1K	$232K	5x	as long as short