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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1221.222% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000TURBOUSDT | 0.001064 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $389K | $781K | 25x |
| Short | BloFin TURBO-USDT | 0.001063 | 0.0137 | get 0.0068% / 4h | 1h 31m | $155K | $477K | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 9.85 bp | 35.2 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 3.84 bp | 39.2 bp −$39 | 89.3 bp −$893 | 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 | −0.0345% | 1h | 0.001064 | −0.004% | $70K | $31K | 20x | as long as short |
| Injective TURBO/USDC PERP | +0.0033% | 1h | 0.001069 | +0.460% | $83 | $4 | 5.5x | as long as short |
| Hyperliquid TURBO | +0.0100% | 1h | 0.001066 | +0.179% | $317K | $167K | 3x | as long as short |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001064 | +0.037% | $9K | $20K | 10x | as long as short |
| Binance TURBOUSDT | +0.0100% | 4h | 0.001066 | +0.132% | $2.9M | $6.5M | 50x | as long as short |
| Bybit 1000TURBOUSDTlong | +0.0100% | 4h | 0.001064 | long leg | $389K | $781K | 25x | |
| OKX TURBO-USDT-SWAP | +0.0100% | 4h | 0.001066 | +0.141% | $890K | $2.3M | 20x | as long as short |
| Gate TURBO_USDT | +0.0100% | 4h | 0.001063 | −0.075% | $384K | $343K | 25x | as long as short |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001066 | +0.132% | $5.5M | $613K | 20x | as long as short |
| KuCoin TURBOUSDTM | +0.0100% | 4h | 0.001064 | −0.028% | $1.8M | $885K | 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 | 0.001065 | +0.085% | $1.0M | $589K | 25x | as long as short |
| BingX TURBO-USDT | +0.0100% | 4h | 0.001064 | 0.000% | — | $9.4M | — | as long as short |
| Extended TURBO-USD | +0.0104% | 1h | 0.001065 | +0.104% | $2K | $166K | 5x | as long as short |
| BloFin TURBO-USDTshort | +0.0137% | 4h | 0.001063 | −0.103% | $155K | $477K | 75x |
Bybit 1000TURBOUSDT
BloFin TURBO-USDT
Kraken Futures PF_TURBOUSD
Injective TURBO/USDC PERP
Hyperliquid TURBO
Aster TURBOUSDT
Binance TURBOUSDT
OKX TURBO-USDT-SWAP
Gate TURBO_USDT
MEXC TURBO_USDT
KuCoin TURBOUSDTM
Bitget TURBOUSDT
BingX TURBO-USDT
Extended TURBO-USD