TURBO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Hyperliquid−0.089%7-day average −0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1201.205% of the position

Long on Hyperliquid 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)−0.005%$0 · spread now −0.089%, 7d avg −0.115%

Together, before fees+0.002%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board$0 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 0.026% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid TURBO	0.001073	0.0100	pay 0.0013% / 1h	12m 48s	$318K	$161K	3x
Short	Extended TURBO-USD	0.001072	0.0104	get 0.0013% / 1h	12m 48s	$460	$229K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee HyperliquidbpFee ExtendedbpOrdersPrice spread, now −0.089%Rate

Funding earned: $0.84
Price spread: −0.089% → −0.115%: $2.61
Slippage, 4 orders: −$106.49
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$117.04
Costs to cover: 1.205%
Break-even: 982.3 days

Slippage from Hyperliquid: live order book, 67 min ago; Extended: live order book, 38 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 Hyperliquid live order book, 67 min ago	4.73 bp	21.9 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 38 min ago	13.86 bp	39.1 bp −$39	316.8 bp −$3,168	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	−0.0192%	1h	0.001073	−0.020%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.373%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0069%	4h	0.001073	+0.028%	$159K	$457K	75x	as long as short
Hyperliquid TURBOlong	+0.0100%	1h	0.001073	long leg	$318K	$161K	3x
Aster TURBOUSDT	+0.0100%	4h	0.001073	−0.028%	$10K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001073	−0.047%	$3.0M	$6.0M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001074	+0.075%	$391K	$731K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001072	−0.056%	$908K	$2.1M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001073	−0.037%	$390K	$293K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001073	−0.047%	$5.5M	$602K	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	0.001073	+0.019%	$1.9M	$815K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001074	+0.093%	$1.1M	$535K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001073	+0.009%	—	$7.7M	—	as long as short
Extended TURBO-USDshort	+0.0104%	1h	0.001072	−0.089%	$460	$229K	5x