Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against Gate+0.174%7-day average −0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1581.585% of the position

Long on Gate Short on Extended

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)−0.395%−$39 · spread now +0.174%, 7d avg −0.060%

Together, before fees−0.388%+ Points / potential airdropExtended: Active · farm board−$39 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: Extended is 0.234% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TURBO_USDT	0.001042	0.0100	pay 0.0050% / 4h	2h 22m	$381K	$324K	25x
Short	Extended TURBO-USD	0.001044	0.0104	get 0.0013% / 1h	22m 19s	$1K	$232K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.174%Rate

Funding earned: $0.84
Price spread: +0.174% → −0.060%: $23.38
Slippage, 4 orders: −$138.49
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$134.27
Costs to cover: 1.585%
Break-even: 1125.9 days

Slippage from Gate: live order book, 23 min ago; Extended: live order book, 24 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, 23 min ago	6.68 bp	37.9 bp −$38	593.0 bp −$5,930	doesn't fit	doesn't fit
Sell Extended live order book, 24 min ago	14.28 bp	41.2 bp −$41	350.5 bp −$3,505	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	−0.0116%	1h	0.001045	+0.221%	$68K	$30K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+2.562%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0077%	4h	0.001040	−0.240%	$151K	$460K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001044	+0.163%	$311K	$165K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001043	+0.053%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001044	+0.184%	$2.9M	$6.3M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001044	+0.173%	$373K	$759K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001045	+0.288%	$874K	$2.2M	20x	as long as short
Gate TURBO_USDTlong	+0.0100%	4h	0.001042	long leg	$381K	$324K	25x
MEXC TURBO_USDT	+0.0100%	4h	0.001044	+0.182%	$5.4M	$611K	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	0.001043	+0.048%	$1.8M	$859K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001043	+0.067%	$986K	$578K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001044	+0.182%	—	$7.7M	—	as long as short
Extended TURBO-USDshort	+0.0104%	1h	0.001044	+0.174%	$1K	$232K	5x