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

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin+0.194%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$920.923% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.194%, 7d avg +0.071%
Together, before fees−0.208%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.123% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TURBO-USDT0.0010840.0064pay 0.0032% / 4h3h 14m$153K$504K75x
ShortBitget TURBOUSDT0.0010860.0100get 0.0050% / 4h3h 14m$1.1M$610K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$7.64
Price spread: +0.194% → +0.071%
$12.27
Slippage, 4 orders
−$68.32
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$72.41
Costs to cover
0.923%
Break-even
73.3 days
Slippage from BloFin: live order book, 61 min ago; Bitget: live order book, 1 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, 61 min ago6.52 bp23.5 bp −$2460.7 bp −$607doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago9.23 bp30.8 bp −$31136.8 bp −$1,368doesn'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−0.0820%1h0.001083−0.068%$72K$33K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069−1.375%$83$45.5xas long as short
BloFin TURBO-USDTlong+0.0064%4h0.001084long leg$153K$504K75x
Hyperliquid TURBO+0.0100%1h0.001086+0.194%$321K$173K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001084+0.043%$10K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001085+0.064%$3.0M$6.7M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001084+0.055%$394K$808K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001085+0.083%$916K$2.4M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001085+0.138%$394K$357K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.001085+0.065%$5.6M$626K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TURBOUSDTM+0.0100%4h0.001086+0.212%$1.9M$956K20xas long as short
Bitget TURBOUSDTshort+0.0100%4h0.001086+0.194%$1.1M$610K25x
BingX TURBO-USDT+0.0100%4h0.001085+0.101%$9.6Mas long as short
Extended TURBO-USD+0.0104%1h0.001084+0.037%$453$197K5xas long as short