Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0029%/8h= −3.1% APRpaid last 24h −0.003%

Price spread now: BloFin against Extended+0.059%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1261.258% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.059%, 7d avg +0.025%

Together, before fees−0.026%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.035% dearer against Extended than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.025%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.004% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TURBO-USD	0.001076	0.0104	pay 0.0013% / 1h	47m 06s	$1K	$200K	5x
Short	BloFin TURBO-USDT	0.001076	0.0075	get 0.0038% / 4h	3h 47m	$154K	$497K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$5.99
Price spread: +0.059% → +0.025%: $3.49
Slippage, 4 orders: −$108.76
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$128.25
Costs to cover: 1.258%
Break-even: never at this rate

Slippage from Extended: live order book, 49 min ago; BloFin: live order book, 29 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, 49 min ago	14.01 bp	39.6 bp −$40	296.0 bp −$2,960	doesn't fit	doesn't fit
Sell BloFin live order book, 29 min ago	6.52 bp	22.7 bp −$23	72.2 bp −$722	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	−0.0826%	1h	0.001076	−0.005%	$71K	$31K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.638%	$83	$4	5.5x	as long as short
BloFin TURBO-USDTshort	+0.0075%	4h	0.001076	+0.059%	$154K	$497K	75x
Hyperliquid TURBO	+0.0100%	1h	0.001077	+0.106%	$317K	$170K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001077	+0.121%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001076	−0.033%	$2.9M	$6.7M	50x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001076	+0.050%	$911K	$2.4M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001079	+0.301%	$391K	$350K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001076	+0.004%	$5.6M	$617K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001078	+0.171%	$1.9M	$969K	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	0.001077	+0.106%	$1.0M	$615K	25x	as long as short
Extended TURBO-USDlong	+0.0104%	1h	0.001076	long leg	$1K	$200K	5x
Bybit 1000TURBOUSDT	+0.0362%	4h	0.001077	+0.152%	$394K	$792K	25x	as long as short
BingX TURBO-USDT	+0.0660%	4h	0.001077	+0.069%	—	$9.4M	—	as long as short