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

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$980.976% of the position
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)+0.252%+$25 · spread now 0.000%, 7d avg −0.011%
Together, before fees+0.252%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TURBO0.0010600.0100pay 0.0013% / 1h5m 07s$315K$145K3x
ShortBitget TURBOUSDT0.0010600.0100get 0.0050% / 4h5m 07s$1.0M$504K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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
$0
Price spread: 0.000% → −0.011%
$1.08
Slippage, 4 orders
−$76.6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$96.52
Costs to cover
0.976%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 14 min ago; Bitget: live order book, 1 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 Hyperliquid live order book, 14 min ago4.73 bp21.9 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago9.43 bp31.8 bp −$3298.0 bp −$980doesn'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−0.0510%1h0.001061+0.050%$68K$28K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069+0.849%$83$45.5xas long as short
BloFin TURBO-USDT+0.0050%4h0.001060+0.009%$155K$439K75xas long as short
Hyperliquid TURBOlong+0.0100%1h0.001060long leg$315K$145K3x
Aster TURBOUSDT+0.0100%4h0.001060−0.032%$9K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001060−0.025%$2.9M$5.8M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001060−0.019%$390K$736K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001060−0.019%$909K$2.0M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001058−0.142%$386K$278K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.0010600.000%$5.4M$580K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TURBOUSDTM+0.0100%4h0.001059−0.085%$1.9M$809K20xas long as short
Bitget TURBOUSDTshort+0.0100%4h0.0010600.000%$1.0M$504K25x
BingX TURBO-USDT+0.0100%4h0.001060−0.019%$7.7Mas long as short
Extended TURBO-USD+0.0104%1h0.001059−0.104%$2K$162K5xas long as short