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

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.06 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin−0.096%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$860.863% 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)+0.088%+$9 · spread now −0.096%, 7d avg −0.003%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.093% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TURBO-USDT0.0010510.0112pay 0.0056% / 4h44m 48s$156K$427K75x
ShortBinance TURBOUSDT0.0010490.0100get 0.0050% / 4h44m 48s$2.9M$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$2.49
Price spread: −0.096% → −0.003%
−$9.3
Slippage, 4 orders
−$64.28
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$98.07
Costs to cover
0.863%
Break-even
never at this rate
Slippage from BloFin: live order book, 56 min ago; Binance: live order book, 8 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 BloFin live order book, 56 min ago3.78 bp19.4 bp −$1973.1 bp −$731doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago3.78 bp23.3 bp −$2371.0 bp −$710doesn'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−0.0516%1h0.001049−0.115%$67K$28K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069+1.761%$83$45.5xas long as short
Hyperliquid TURBO+0.0100%1h0.001049−0.143%$312K$142K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001048−0.219%$9K$20K10xas long as short
Binance TURBOUSDTshort+0.0100%4h0.001049−0.096%$2.9M$5.9M50x
Bybit 1000TURBOUSDT+0.0100%4h0.001050−0.048%$387K$742K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001050−0.019%$905K$1.9M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001048−0.257%$397K$256K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.001049−0.124%$5.3M$566K20xas long as short
KuCoin TURBOUSDTM+0.0100%4h0.001049−0.133%$1.9M$807K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TURBOUSDT+0.0100%4h0.001050−0.048%$1.0M$491K25xas long as short
BingX TURBO-USDT+0.0100%4h0.001049−0.181%$7.7Mas long as short
Extended TURBO-USD+0.0104%1h0.001048−0.262%$398$168K5xas long as short
BloFin TURBO-USDTlong+0.0112%4h0.001051long leg$156K$427K75x