Funding you earn now, next payment 12:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.019%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2792.788% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now +0.019%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000TURBOUSDT | 0.001066 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $382K | $794K | 25x |
| Short | KuCoin TURBOUSDTM | 0.001066 | 0.0216 | get 0.0108% / 4h | 2h 17m | $1.9M | $984K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $24.36
- Price spread: +0.019% → +0.011%
- $0.78
- Slippage, 4 orders
- −$255.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$253.68
- Costs to cover
- 2.788%
- Break-even
- 79.9 days
Slippage from Bybit: live order book, 30 min ago; KuCoin: live order book, 2 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, 30 min ago | 9.38 bp | 37.6 bp −$38 | 847.0 bp −$8,470 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 9.38 bp | 103.9 bp −$104 | 605.2 bp −$6,052 | doesn't fit | doesn't fit |
TURBO on 14 exchanges
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 | −0.1997% | 1h | 0.001066 | −0.062% | $71K | $32K | 20x | as long as short |
| Injective TURBO/USDC PERP | +0.0033% | 1h | 0.001069 | +0.263% | $83 | $4 | 5.5x | as long as short |
| BloFin TURBO-USDT | +0.0092% | 4h | 0.001065 | −0.141% | $152K | $500K | 75x | as long as short |
| Hyperliquid TURBO | +0.0100% | 1h | 0.001066 | −0.019% | $311K | $183K | 3x | as long as short |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001064 | −0.171% | $10K | $22K | 10x | as long as short |
| Binance TURBOUSDT | +0.0100% | 4h | 0.001064 | −0.200% | $2.9M | $6.8M | 50x | as long as short |
| Bybit 1000TURBOUSDTlong | +0.0100% | 4h | 0.001066 | long leg | $382K | $794K | 25x | |
| OKX TURBO-USDT-SWAP | +0.0100% | 4h | 0.001065 | −0.150% | $903K | $2.4M | 20x | as long as short |
| Gate TURBO_USDT | +0.0100% | 4h | 0.001066 | +0.019% | $391K | $360K | 25x | as long as short |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001063 | −0.310% | $5.6M | $619K | 20x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TURBOUSDT | +0.0100% | 4h | 0.001065 | −0.113% | $1.0M | $620K | 25x | as long as short |
| BingX TURBO-USDT | +0.0100% | 4h | 0.001065 | −0.141% | — | $9.6M | — | as long as short |
| Extended TURBO-USD | +0.0104% | 1h | 0.001064 | −0.232% | $3K | $194K | 5x | as long as short |
| KuCoin TURBOUSDTMshort | +0.0216% | 4h | 0.001066 | +0.019% | $1.9M | $984K | 20x |
Bybit 1000TURBOUSDT
KuCoin TURBOUSDTM
Kraken Futures PF_TURBOUSD
Injective TURBO/USDC PERP
BloFin TURBO-USDT
Hyperliquid TURBO
Aster TURBOUSDT
Binance TURBOUSDT
OKX TURBO-USDT-SWAP
Gate TURBO_USDT
MEXC TURBO_USDT
Bitget TURBOUSDT
BingX TURBO-USDT
Extended TURBO-USD