Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0053%/8h= +5.9% APRpaid last 24h +0.004%

Price spread now: Extended against BloFin+0.050%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1321.316% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.050%, 7d avg −0.026%

Together, before fees−0.059%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.075% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TURBO-USDT	0.001065	0.0051	pay 0.0025% / 4h	1h 31m	$156K	$478K	75x
Short	Extended TURBO-USD	0.001066	0.0104	get 0.0013% / 1h	31m 09s	$2K	$166K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.050%Rate

Funding earned: $11.23
Price spread: +0.050% → −0.026%: $7.53
Slippage, 4 orders: −$114.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$112.81
Costs to cover: 1.316%
Break-even: 77.3 days

Slippage from BloFin: live order book, 55 min ago; Extended: live order book, 10 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, 55 min ago	3.84 bp	13.1 bp −$13	33.0 bp −$330	doesn't fit	doesn't fit
Sell Extended live order book, 10 min ago	13.99 bp	39.7 bp −$40	295.7 bp −$2,957	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	−0.0344%	1h	0.001066	+0.089%	$70K	$31K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+0.347%	$83	$4	5.5x	as long as short
BloFin TURBO-USDTlong	+0.0051%	4h	0.001065	long leg	$156K	$478K	75x
Hyperliquid TURBO	+0.0100%	1h	0.001067	+0.160%	$317K	$167K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001065	+0.005%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001066	+0.075%	$2.9M	$6.5M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001065	0.000%	$389K	$781K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001066	+0.066%	$891K	$2.3M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001065	−0.038%	$384K	$343K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001066	+0.028%	$5.5M	$613K	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	0.001064	−0.094%	$1.8M	$885K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001065	−0.028%	$1.0M	$589K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001064	−0.084%	—	$9.4M	—	as long as short
Extended TURBO-USDshort	+0.0104%	1h	0.001066	+0.050%	$2K	$166K	5x