Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate+0.003%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1361.362% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.003%, 7d avg −0.029%

Together, before fees−0.125%−$13 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 0.032% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TURBO_USDT	0.001071	0.0100	pay 0.0050% / 4h	3h 11m	$389K	$293K	25x
Short	Binance TURBOUSDT	0.001071	0.0100	get 0.0050% / 4h	3h 11m	$3.0M	$6.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.003%Rate

Funding earned: $0
Price spread: +0.003% → −0.029%: $3.15
Slippage, 4 orders: −$111.2
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$133.05
Costs to cover: 1.362%
Break-even: never at this rate

Slippage from Gate: live order book, 39 min ago; Binance: live order book, 12 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 Gate live order book, 39 min ago	6.02 bp	38.9 bp −$39	862.8 bp −$8,628	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.93 bp	17.3 bp −$17	60.0 bp −$600	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	−0.0192%	1h	0.001072	+0.056%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.187%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0069%	4h	0.001073	+0.215%	$159K	$457K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001072	+0.093%	$319K	$162K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001071	+0.025%	$10K	$20K	10x	as long as short
Binance TURBOUSDTshort	+0.0100%	4h	0.001071	+0.003%	$3.0M	$6.0M	50x
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001071	+0.047%	$390K	$731K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001071	0.000%	$907K	$2.1M	20x	as long as short
Gate TURBO_USDTlong	+0.0100%	4h	0.001071	long leg	$389K	$293K	25x
MEXC TURBO_USDT	+0.0100%	4h	0.001071	−0.009%	$5.5M	$602K	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	+0.047%	$1.9M	$815K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001073	+0.187%	$1.1M	$535K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001071	0.000%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001070	−0.048%	$460	$229K	5x	as long as short