Settings8H · net · $10k
Funding arb · Price arb /

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment $0.11 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bitget+0.131%105s7-day average −0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1061.064% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.131%, 7d avg −0.069%
Together, before fees−0.219%−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.201% dearer against Bitget than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of −0.069%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TURBOUSDT0.0010650.0100pay 0.0050% / 4h1h 35m$1.0M$590K25x
ShortBloFin TURBO-USDT0.0010660.0077get 0.0039% / 4h1h 35m$155K$478K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$4.83
Price spread: +0.131% → −0.069%
$20.08
Slippage, 4 orders
−$82.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$91.14
Costs to cover
1.064%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago4.69 bp23.9 bp −$2488.1 bp −$881doesn't fitdoesn't fit
Sell BloFin live order book, 50 min ago3.84 bp39.2 bp −$3989.3 bp −$893doesn't fitdoesn't fit

TURBO on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TURBOUSD−0.0345%1h0.001064−0.075%$70K$31K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069+0.376%$83$45.5xas long as short
BloFin TURBO-USDTshort+0.0077%4h0.001066+0.131%$155K$478K75x
Hyperliquid TURBO+0.0100%1h0.0010650.000%$317K$167K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001065+0.014%$9K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001065+0.014%$2.9M$6.5M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001065+0.038%$389K$781K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001065+0.038%$891K$2.3M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001065+0.038%$385K$342K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.001065−0.019%$5.5M$612K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TURBOUSDTM+0.0100%4h0.001064−0.066%$1.8M$885K20xas long as short
Bitget TURBOUSDTlong+0.0100%4h0.001065long leg$1.0M$590K25x
BingX TURBO-USDT+0.0100%4h0.001065+0.009%$9.4Mas long as short
Extended TURBO-USD+0.0104%1h0.001065−0.008%$2K$176K5xas long as short