Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Gate against Extended+0.179%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1631.635% of the position

Long on Extended Short on Gate

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)+0.092%+$9 · spread now +0.179%, 7d avg +0.058%

Together, before fees+0.085%+ Points / potential airdropExtended: Active · farm board+$8 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: Gate is 0.120% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TURBO-USD	0.001070	0.0104	pay 0.0013% / 1h	59m 41s	$2K	$162K	5x
Short	Gate TURBO_USDT	0.001071	0.0100	get 0.0050% / 4h	3h 59m	$391K	$275K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.179%Rate

Funding earned: −$0.84
Price spread: +0.179% → +0.058%: $12.03
Slippage, 4 orders: −$143.47
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$152.28
Costs to cover: 1.635%
Break-even: never at this rate

Slippage from Extended: live order book, 56 min ago; Gate: live order book, 56 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, 56 min ago	14.12 bp	40.2 bp −$40	315.3 bp −$3,153	doesn't fit	doesn't fit
Sell Gate live order book, 56 min ago	7.53 bp	40.0 bp −$40	719.6 bp −$7,196	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	−0.0505%	1h	0.001072	+0.246%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.055%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0092%	4h	0.001067	−0.233%	$156K	$442K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001071	+0.132%	$311K	$150K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001070	+0.068%	$10K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001070	+0.013%	$2.9M	$5.9M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001072	+0.263%	$394K	$737K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001069	−0.008%	$918K	$2.0M	20x	as long as short
Gate TURBO_USDTshort	+0.0100%	4h	0.001071	+0.179%	$391K	$275K	25x
MEXC TURBO_USDT	+0.0100%	4h	0.001069	−0.065%	$5.4M	$572K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTM	+0.0100%	4h	0.001071	+0.160%	$1.9M	$808K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001070	+0.038%	$1.1M	$509K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001071	+0.122%	—	$7.7M	—	as long as short
Extended TURBO-USDlong	+0.0104%	1h	0.001070	long leg	$2K	$162K	5x