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+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bybit−0.103%102s7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1221.222% 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)−0.031%−$3 · spread now −0.103%, 7d avg −0.098%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.098%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000TURBOUSDT0.0010640.0100pay 0.0050% / 4h1h 31m$389K$781K25x
ShortBloFin TURBO-USDT0.0010630.0137get 0.0068% / 4h1h 31m$155K$477K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$7.67
Price spread: −0.103% → −0.098%
−$0.58
Slippage, 4 orders
−$99.16
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$115.08
Costs to cover
1.222%
Break-even
112.0 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 54 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 Bybit live order book, 4 min ago9.85 bp35.2 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 54 min ago3.84 bp39.2 bp −$3989.3 bp −$893doesn'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−0.0345%1h0.001064−0.004%$70K$31K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069+0.460%$83$45.5xas long as short
Hyperliquid TURBO+0.0100%1h0.001066+0.179%$317K$167K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001064+0.037%$9K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001066+0.132%$2.9M$6.5M50xas long as short
Bybit 1000TURBOUSDTlong+0.0100%4h0.001064long leg$389K$781K25x
OKX TURBO-USDT-SWAP+0.0100%4h0.001066+0.141%$890K$2.3M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001063−0.075%$384K$343K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.001066+0.132%$5.5M$613K20xas long as short
KuCoin TURBOUSDTM+0.0100%4h0.001064−0.028%$1.8M$885K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TURBOUSDT+0.0100%4h0.001065+0.085%$1.0M$589K25xas long as short
BingX TURBO-USDT+0.0100%4h0.0010640.000%$9.4Mas long as short
Extended TURBO-USD+0.0104%1h0.001065+0.104%$2K$166K5xas long as short
BloFin TURBO-USDTshort+0.0137%4h0.001063−0.103%$155K$477K75x