Funding arb · Price arb /

TURBO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: KuCoin against Extended+0.168%7-day average +0.136% · you sell dearer than you buy

Net, funding: paid 7d − costs−$323as in the Funding arb table

Net, price: spread back to 7d avg − costs−$323as in the Price arb table

costs, in and out, $10k−$3263.262% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.399%+$40 · spread now +0.168%, 7d avg +0.136%

Together, before fees+0.427%+ Points / potential airdropExtended: Active · farm board+$43 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: KuCoin is 0.032% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.136%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TURBO-USD	0.001069	0.0104	pay 0.0013% / 1h	43m 59s	$1K	$200K	5x
Short	KuCoin TURBOUSDTM	0.001071	0.0100	get 0.0050% / 4h	3h 43m	$1.8M	$964K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.168%Rate

Funding earned: −$0.84
Price spread: +0.168% → +0.136%: $3.23
Slippage, 4 orders: −$309.21
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$323.82
Costs to cover: 3.262%
Break-even: never at this rate

Slippage from Extended: live order book, 52 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 Extended live order book, 52 min ago	14.01 bp	39.6 bp −$40	296.0 bp −$2,960	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	8.86 bp	89.5 bp −$90	634.6 bp −$6,346	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	−0.0831%	1h	0.001069	−0.023%	$71K	$33K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.009%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0060%	4h	0.001069	−0.009%	$153K	$493K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001071	+0.178%	$315K	$170K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001069	+0.027%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001069	+0.027%	$2.9M	$6.7M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001070	+0.047%	$390K	$798K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001069	+0.028%	$905K	$2.4M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001071	+0.140%	$388K	$350K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001069	−0.009%	$5.6M	$618K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTMshort	+0.0100%	4h	0.001071	+0.168%	$1.8M	$964K	20x
Bitget TURBOUSDT	+0.0100%	4h	0.001070	+0.084%	$1.0M	$620K	25x	as long as short
Extended TURBO-USDlong	+0.0104%	1h	0.001069	long leg	$1K	$200K	5x
BingX TURBO-USDT	+0.0660%	4h	0.001069	−0.056%	—	$9.4M	—	as long as short