Funding arb · Price arb /

TURBO

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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: MEXC against Bitget−0.009%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$920.923% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.030%−$3 · spread now −0.009%, 7d avg −0.039%

Together, before fees−0.030%−$3 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: MEXC is 0.030% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TURBOUSDT	0.001079	0.0100	pay 0.0050% / 4h	3h 55m	$1.1M	$512K	25x
Short	MEXC TURBO_USDT	0.001079	0.0100	get 0.0050% / 4h	3h 55m	$5.5M	$572K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → −0.039%: $2.97
Slippage, 4 orders: −$76.28
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$89.31
Costs to cover: 0.923%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; MEXC: 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 Bitget live order book, 1 min ago	9.28 bp	27.7 bp −$28	176.6 bp −$1,766	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.40 bp	14.7 bp −$15	50.7 bp −$507	65.9 bp −$6,586	103.6 bp −$51.8K

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	−0.0192%	1h	0.001072	−0.636%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.927%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0073%	4h	0.001071	−0.714%	$155K	$445K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001077	−0.185%	$313K	$150K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001077	−0.221%	$10K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001079	+0.015%	$3.0M	$5.9M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001078	−0.074%	$398K	$738K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001079	−0.046%	$922K	$2.1M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001078	−0.120%	$393K	$275K	25x	as long as short
MEXC TURBO_USDTshort	+0.0100%	4h	0.001079	−0.009%	$5.5M	$572K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTM	+0.0100%	4h	0.001077	−0.222%	$1.9M	$809K	20x	as long as short
Bitget TURBOUSDTlong	+0.0100%	4h	0.001079	long leg	$1.1M	$512K	25x
BingX TURBO-USDT	+0.0100%	4h	0.001079	0.000%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001079	−0.027%	$3K	$167K	5x	as long as short