Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Extended+0.002%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1351.347% of the position

Long on Extended Short on Binance

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)+0.062%+$6 · spread now +0.002%, 7d avg +0.032%

Together, before fees+0.054%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.030% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TURBO-USD	0.001057	0.0104	pay 0.0013% / 1h	38m 17s	$4K	$175K	5x
Short	Binance TURBOUSDT	0.001057	0.0100	get 0.0050% / 4h	1h 38m	$2.9M	$5.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.002%Rate

Funding earned: −$0.84
Price spread: +0.002% → +0.032%: −$2.99
Slippage, 4 orders: −$119.74
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$138.57
Costs to cover: 1.347%
Break-even: never at this rate

Slippage from Extended: live order book, 23 min ago; Binance: live order book, 15 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 Extended live order book, 23 min ago	14.14 bp	40.3 bp −$40	318.2 bp −$3,182	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	2.83 bp	25.5 bp −$25	75.5 bp −$755	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	−0.0088%	1h	0.001058	+0.110%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+1.182%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001057	+0.046%	$317K	$142K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001058	+0.186%	$9K	$20K	10x	as long as short
Binance TURBOUSDTshort	+0.0100%	4h	0.001057	+0.002%	$2.9M	$5.8M	50x
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001058	+0.150%	$396K	$732K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001056	−0.086%	$916K	$1.9M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001058	+0.132%	$399K	$244K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001056	−0.039%	$5.3M	$556K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001058	+0.179%	$2.0M	$774K	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	0.001058	+0.141%	$1.0M	$476K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001061	+0.397%	—	$7.7M	—	as long as short
Extended TURBO-USDlong	+0.0104%	1h	0.001057	long leg	$4K	$175K	5x
BloFin TURBO-USDT	+0.0138%	4h	0.001056	−0.058%	$156K	$419K	75x	as long as short