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: BingX against Bitget+0.028%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1151.148% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.007%−$1 · spread now +0.028%, 7d avg +0.007%

Together, before fees−0.007%−$1 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: BingX is 0.021% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TURBOUSDT	0.001063	0.0100	pay 0.0050% / 4h	1h 42m	$1.0M	$475K	25x
Short	BingX TURBO-USDT	0.001063	0.0100	get 0.0050% / 4h	1h 42m	—	$7.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.007%: $2.11
Slippage, 4 orders: −$92.83
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$112.72
Costs to cover: 1.148%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 10 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 Bitget live order book, 4 min ago	9.47 bp	33.2 bp −$33	190.2 bp −$1,902	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	8.03 bp	29.0 bp −$29	67.3 bp −$673	335.3 bp −$33.5K	496.2 bp −$248.1K

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	−0.0088%	1h	0.001062	−0.066%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+0.564%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001062	−0.094%	$319K	$142K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001061	−0.169%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001063	−0.040%	$2.9M	$5.8M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001062	−0.094%	$398K	$732K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001061	−0.226%	$920K	$1.9M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001062	−0.056%	$401K	$243K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001061	−0.141%	$5.3M	$556K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001061	−0.141%	$2.0M	$773K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TURBOUSDTlong	+0.0100%	4h	0.001063	long leg	$1.0M	$475K	25x
BingX TURBO-USDTshort	+0.0100%	4h	0.001063	+0.028%	—	$7.7M	—
Extended TURBO-USD	+0.0104%	1h	0.001062	−0.068%	$125	$171K	5x	as long as short
BloFin TURBO-USDT	+0.0150%	4h	0.001061	−0.188%	$158K	$420K	75x	as long as short