Settings8H · net · $10k
Funding arb · Price arb /

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1261.256% of the position
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)+0.296%+$30 · spread now −0.316%, 7d avg −0.018%
Together, before fees+0.304%+$30 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TURBO_USDT0.0010750.0100pay 0.0050% / 4h3h 55m$392K$275K25x
ShortBloFin TURBO-USDT0.0010710.0073get 0.0036% / 4h3h 55m$155K$445K75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 59 min ago7.53 bp42.9 bp −$43697.4 bp −$6,974doesn't fitdoesn't fit
Sell BloFin live order book, 40 min ago0.48 bp23.2 bp −$2352.8 bp −$528doesn't fitdoesn't fit

TURBO on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TURBOUSD−0.0192%1h0.001072−0.238%$68K$28K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069−0.530%$83$45.5xas long as short
BloFin TURBO-USDTshort+0.0073%4h0.001071−0.316%$155K$445K75x
Hyperliquid TURBO+0.0100%1h0.001076+0.121%$313K$150K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001076+0.114%$10K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001076+0.109%$3.0M$5.9M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001076+0.112%$397K$738K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001075+0.056%$918K$2.1M20xas long as short
Gate TURBO_USDTlong+0.0100%4h0.001075long leg$392K$275K25x
MEXC TURBO_USDT+0.0100%4h0.001075+0.047%$5.5M$572K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TURBOUSDTM+0.0100%4h0.001076+0.093%$1.9M$809K20xas long as short
Bitget TURBOUSDT+0.0100%4h0.001076+0.121%$1.1M$512K25xas long as short
BingX TURBO-USDT+0.0100%4h0.001075+0.047%$7.7Mas long as short
Extended TURBO-USD+0.0104%1h0.001075+0.006%$3K$167K5xas long as short