Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Gate−0.316%78s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.296%+$30 · spread now −0.316%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.298% cheaper against Gate than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TURBO_USDT | 0.001075 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $392K | $275K | 25x |
| Short | BloFin TURBO-USDT | 0.001071 | 0.0073 | get 0.0036% / 4h | 3h 55m | $155K | $445K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.72
- Price spread: −0.316% → −0.018%
- −$29.83
- Slippage, 4 orders
- −$98.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$161.15
- Costs to cover
- 1.256%
- Break-even
- never at this rate
Slippage from Gate: live order book, 59 min ago; BloFin: live order book, 40 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, 59 min ago | 7.53 bp | 42.9 bp −$43 | 697.4 bp −$6,974 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 0.48 bp | 23.2 bp −$23 | 52.8 bp −$528 | 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 | −0.238% | $68K | $28K | 20x | as long as short |
| Injective TURBO/USDC PERP | +0.0033% | 1h | 0.001069 | −0.530% | $83 | $4 | 5.5x | as long as short |
| BloFin TURBO-USDTshort | +0.0073% | 4h | 0.001071 | −0.316% | $155K | $445K | 75x | |
| Hyperliquid TURBO | +0.0100% | 1h | 0.001076 | +0.121% | $313K | $150K | 3x | as long as short |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001076 | +0.114% | $10K | $20K | 10x | as long as short |
| Binance TURBOUSDT | +0.0100% | 4h | 0.001076 | +0.109% | $3.0M | $5.9M | 50x | as long as short |
| Bybit 1000TURBOUSDT | +0.0100% | 4h | 0.001076 | +0.112% | $397K | $738K | 25x | as long as short |
| OKX TURBO-USDT-SWAP | +0.0100% | 4h | 0.001075 | +0.056% | $918K | $2.1M | 20x | as long as short |
| Gate TURBO_USDTlong | +0.0100% | 4h | 0.001075 | long leg | $392K | $275K | 25x | |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001075 | +0.047% | $5.5M | $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 | 0.001076 | +0.093% | $1.9M | $809K | 20x | as long as short |
| Bitget TURBOUSDT | +0.0100% | 4h | 0.001076 | +0.121% | $1.1M | $512K | 25x | as long as short |
| BingX TURBO-USDT | +0.0100% | 4h | 0.001075 | +0.047% | — | $7.7M | — | as long as short |
| Extended TURBO-USD | +0.0104% | 1h | 0.001075 | +0.006% | $3K | $167K | 5x | as long as short |
Gate TURBO_USDT
BloFin TURBO-USDT
Kraken Futures PF_TURBOUSD
Injective TURBO/USDC PERP
Hyperliquid TURBO
Aster TURBOUSDT
Binance TURBOUSDT
Bybit 1000TURBOUSDT
OKX TURBO-USDT-SWAP
MEXC TURBO_USDT
KuCoin TURBOUSDTM
Bitget TURBOUSDT
BingX TURBO-USDT
Extended TURBO-USD