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: OKX against Bitget−0.095%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1331.331% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 7 days+0.102%+$10 · spread now −0.095%, 7d avg +0.023%

Together, before fees+0.082%+$8 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: OKX is 0.118% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TURBOUSDT	0.001055	0.0100	pay 0.0050% / 4h	2h 55m	$1.0M	$550K	25x
Short	OKX TURBO-USDT-SWAP	0.001054	0.0100	get 0.0050% / 4h	2h 55m	$882K	$2.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.095%Rate

Funding earned: $0
Price spread: −0.095% → +0.023%: −$11.78
Slippage, 4 orders: −$111.09
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$144.87
Costs to cover: 1.331%
Break-even: never at this rate

Slippage from Bitget: live order book, just now; OKX: live order book, 1 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, just now	9.45 bp	30.9 bp −$31	126.0 bp −$1,260	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	3.32 bp	37.7 bp −$38	doesn't fit	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	−0.0115%	1h	0.001056	+0.133%	$69K	$30K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+1.327%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0066%	4h	0.001059	+0.370%	$156K	$455K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001058	+0.284%	$317K	$167K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001056	+0.098%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001055	+0.007%	$2.9M	$6.2M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001057	+0.209%	$395K	$757K	25x	as long as short
OKX TURBO-USDT-SWAPshort	+0.0100%	4h	0.001054	−0.095%	$882K	$2.1M	20x
Gate TURBO_USDT	+0.0100%	4h	0.001057	+0.152%	$385K	$305K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001054	−0.066%	$5.4M	$596K	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	0.001056	+0.114%	$1.9M	$821K	20x	as long as short
Bitget TURBOUSDTlong	+0.0100%	4h	0.001055	long leg	$1.0M	$550K	25x
BingX TURBO-USDT	+0.0100%	4h	0.001056	+0.076%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001055	−0.020%	$452	$229K	5x	as long as short