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: MEXC against Gate−0.113%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1211.211% of the position

Long on Gate Short on MEXC

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)+0.047%+$5 · spread now −0.113%, 7d avg −0.029%

Together, before fees+0.046%+$5 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: MEXC is 0.084% cheaper against Gate than usual: you would sell low and buy high, −$8 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	0.001064	0.0100	pay 0.0050% / 4h	1h 34m	$384K	$343K	25x
Short	MEXC TURBO_USDT	0.001063	0.0100	get 0.0050% / 4h	1h 34m	$5.5M	$613K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpOrdersPrice spread, now −0.113%Rate

Funding earned: $0
Price spread: −0.113% → −0.029%: −$8.37
Slippage, 4 orders: −$102.07
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$129.43
Costs to cover: 1.211%
Break-even: never at this rate

Slippage from Gate: live order book, 6 min ago; MEXC: live order book, 3 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, 6 min ago	9.35 bp	40.0 bp −$40	477.9 bp −$4,779	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.41 bp	19.5 bp −$20	48.1 bp −$481	54.2 bp −$5,421	97.7 bp −$48.9K

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	−0.0344%	1h	0.001065	+0.090%	$70K	$31K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+0.423%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0083%	4h	0.001064	−0.019%	$155K	$478K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001065	+0.047%	$317K	$167K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001063	−0.100%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001063	−0.150%	$2.9M	$6.5M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001064	−0.028%	$389K	$781K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001061	−0.282%	$890K	$2.3M	20x	as long as short
Gate TURBO_USDTlong	+0.0100%	4h	0.001064	long leg	$384K	$343K	25x
MEXC TURBO_USDTshort	+0.0100%	4h	0.001063	−0.113%	$5.5M	$613K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTM	+0.0100%	4h	0.001064	−0.066%	$1.8M	$885K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001064	−0.047%	$1.0M	$590K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001064	−0.019%	—	$9.4M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001065	+0.004%	$2K	$172K	5x	as long as short