TURBO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against BloFin−0.325%51s7-day average +0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1031.030% of the position

Long on BloFin Short on BingX

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)+0.415%+$41 · spread now −0.325%, 7d avg +0.055%

Together, before fees+0.408%+$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.380% cheaper against BloFin than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.055%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TURBO-USDT	0.001078	0.0127	pay 0.0063% / 4h	40m 21s	$155K	$489K	75x
Short	BingX TURBO-USDT	0.001075	0.0100	get 0.0050% / 4h	40m 21s	—	$9.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now −0.325%Rate

Funding earned: −$5.62
Price spread: −0.325% → +0.055%: −$38.01
Slippage, 4 orders: −$81.01
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$146.64
Costs to cover: 1.030%
Break-even: never at this rate

Slippage from BloFin: live order book, 41 min ago; BingX: live order book, 13 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 BloFin live order book, 41 min ago	0.46 bp	11.3 bp −$11	45.0 bp −$450	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	8.87 bp	32.4 bp −$32	89.8 bp −$898	396.8 bp −$39.7K	558.0 bp −$279.0K

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	−0.0250%	1h	0.001075	−0.290%	$71K	$31K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.862%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001076	−0.213%	$315K	$171K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001076	−0.229%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001075	−0.287%	$2.9M	$6.5M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001078	−0.056%	$396K	$781K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001075	−0.297%	$913K	$2.3M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001078	−0.028%	$390K	$346K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001076	−0.241%	$5.6M	$614K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001077	−0.158%	$1.8M	$919K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TURBOUSDT	+0.0100%	4h	0.001076	−0.213%	$1.0M	$604K	25x	as long as short
BingX TURBO-USDTshort	+0.0100%	4h	0.001075	−0.325%	—	$9.4M	—
Extended TURBO-USD	+0.0104%	1h	0.001075	−0.330%	$8K	$174K	5x	as long as short
BloFin TURBO-USDTlong	+0.0127%	4h	0.001078	long leg	$155K	$489K	75x