Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate+0.170%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1471.474% of the position

Long on Gate Short on Bybit

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)−0.331%−$33 · spread now +0.170%, 7d avg +0.067%

Together, before fees−0.331%−$33 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: Bybit is 0.103% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TURBO_USDT	0.001061	0.0100	pay 0.0050% / 4h	3m 23s	$387K	$278K	25x
Short	Bybit 1000TURBOUSDT	0.001063	0.0100	get 0.0050% / 4h	3m 23s	$391K	$736K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.170%Rate

Funding earned: $0
Price spread: +0.170% → +0.067%: $10.27
Slippage, 4 orders: −$121.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$137.13
Costs to cover: 1.474%
Break-even: never at this rate

Slippage from Gate: live order book, 52 min ago; Bybit: live order book, 47 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, 52 min ago	7.53 bp	42.9 bp −$43	697.4 bp −$6,974	doesn't fit	doesn't fit
Sell Bybit live order book, 47 min ago	6.65 bp	32.9 bp −$33	142.0 bp −$1,420	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	−0.0510%	1h	0.001061	−0.005%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+0.745%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0050%	4h	0.001060	−0.094%	$155K	$439K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001063	+0.179%	$315K	$146K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001060	−0.101%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001063	+0.132%	$2.9M	$5.9M	50x	as long as short
Bybit 1000TURBOUSDTshort	+0.0100%	4h	0.001063	+0.170%	$391K	$736K	25x
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001063	+0.141%	$912K	$2.0M	20x	as long as short
Gate TURBO_USDTlong	+0.0100%	4h	0.001061	long leg	$387K	$278K	25x
MEXC TURBO_USDT	+0.0100%	4h	0.001061	+0.038%	$5.4M	$580K	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	0.001062	+0.104%	$1.9M	$809K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001064	+0.273%	$1.0M	$509K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001062	+0.123%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001060	−0.119%	$2K	$162K	5x	as long as short