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

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin+0.291%95s7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2202.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.291%, 7d avg +0.102%
Together, before fees−0.089%−$9 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 KuCoin is 0.189% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.102%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TURBO-USDT0.0010650.0051pay 0.0025% / 4h1h 29m$156K$478K75x
ShortKuCoin TURBOUSDTM0.0010680.0100get 0.0050% / 4h1h 29m$1.8M$887K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.39
Price spread: +0.291% → +0.102%
$18.93
Slippage, 4 orders
−$196.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$190.85
Costs to cover
2.202%
Break-even
135.6 days
Slippage from BloFin: live order book, 56 min ago; KuCoin: live order book, 7 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 ago3.84 bp13.1 bp −$1333.0 bp −$330doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago16.91 bp92.3 bp −$92548.0 bp −$5,480doesn'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−0.0344%1h0.001067+0.180%$70K$31K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069+0.347%$83$45.5xas long as short
BloFin TURBO-USDTlong+0.0051%4h0.001065long leg$156K$478K75x
Hyperliquid TURBO+0.0100%1h0.001068+0.253%$318K$167K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001069+0.346%$9K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001068+0.253%$2.9M$6.5M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001070+0.451%$391K$781K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001068+0.282%$893K$2.3M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001068+0.253%$386K$343K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.001068+0.207%$5.5M$613K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TURBOUSDTMshort+0.0100%4h0.001068+0.291%$1.8M$887K20x
Bitget TURBOUSDT+0.0100%4h0.001067+0.160%$1.0M$589K25xas long as short
BingX TURBO-USDT+0.0100%4h0.001069+0.300%$9.4Mas long as short
Extended TURBO-USD+0.0104%1h0.001068+0.227%$2K$166K5xas long as short