Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.1545%/8h= −169.2% APRpaid last 24h +0.027%

Price spread now: Kraken Futures against Bitget−0.098%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−1.434%−$143 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and Kraken Futures is 0.098% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TURBOUSDT	0.001046	0.0100	pay 0.0050% / 4h	1h 30m	$1.0M	$619K	25x
Short	Kraken Futures PF_TURBOUSD	0.001045	−0.1445	pay 0.0181% / 1h	30m 02s	$70K	$31K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$324.43
Price spread: −0.098% → 0.000%: −$9.82
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$356.25
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 9 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 9 min ago	4.75 bp	37.1 bp −$37	118.9 bp −$1,189	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TURBO on 14 exchanges

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_TURBOUSDshort	−0.1445%	1h	0.001045	−0.098%	$70K	$31K	20x
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+2.199%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0046%	4h	0.001046	−0.038%	$151K	$499K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001046	0.000%	$298K	$196K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001046	+0.004%	$10K	$22K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001046	+0.012%	$2.8M	$6.8M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001046	+0.038%	$370K	$783K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001045	−0.048%	$884K	$2.3M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001046	+0.019%	$380K	$362K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001045	−0.067%	$5.4M	$581K	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TURBOUSDTlong	+0.0100%	4h	0.001046	long leg	$1.0M	$619K	25x
BingX TURBO-USDT	+0.0100%	4h	0.001045	−0.076%	—	$9.6M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001045	−0.136%	$2K	$198K	5x	as long as short
KuCoin TURBOUSDTM	+0.0166%	4h	0.001046	+0.048%	$1.9M	$989K	20x	as long as short