Funding you earn now, next payment 06:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h −0.041%
Price spread now: Extended against Injective−1.606%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 1.606% cheaper against Injective than usual: you would sell low and buy high (spread −1.606% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$161 on $10k: about 3 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TURBO/USDC PERP | 0.001069 | 0.0033 | pay 0.0004% / 1h | 17m 07s | $83 | $4 | 5.5x |
| Short | Extended TURBO-USD | 0.001052 | 0.0104 | get 0.0013% / 1h | 17m 07s | $1K | $232K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.84
- Price spread: −1.606% → 0.000%
- −$160.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$150.8
- Costs to cover
- 0.050%
- Break-even
- 78.1 days
Slippage unknown: Injective: no order-book sample; Extended: live order book, 30 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 30 min ago | 14.28 bp | 41.2 bp −$41 | 350.5 bp −$3,505 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0115% | 1h | 0.001052 | −1.607% | $69K | $30K | 20x | as long as short |
| Injective TURBO/USDC PERPlong | +0.0033% | 1h | 0.001069 | long leg | $83 | $4 | 5.5x | |
| BloFin TURBO-USDT | +0.0100% | 4h | 0.001050 | −1.740% | $151K | $465K | 75x | as long as short |
| Hyperliquid TURBO | +0.0100% | 1h | 0.001052 | −1.590% | $312K | $167K | 3x | as long as short |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001052 | −1.558% | $9K | $20K | 10x | as long as short |
| Binance TURBOUSDT | +0.0100% | 4h | 0.001052 | −1.597% | $2.9M | $6.3M | 50x | as long as short |
| Bybit 1000TURBOUSDT | +0.0100% | 4h | 0.001053 | −1.534% | $374K | $765K | 25x | as long as short |
| OKX TURBO-USDT-SWAP | +0.0100% | 4h | 0.001051 | −1.712% | $879K | $2.2M | 20x | as long as short |
| Gate TURBO_USDT | +0.0100% | 4h | 0.001051 | −1.646% | $384K | $324K | 25x | as long as short |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001052 | −1.618% | $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 | 0.001051 | −1.646% | $1.8M | $861K | 20x | as long as short |
| Bitget TURBOUSDT | +0.0100% | 4h | 0.001052 | −1.590% | $994K | $580K | 25x | as long as short |
| BingX TURBO-USDT | +0.0100% | 4h | 0.001052 | −1.590% | — | $7.7M | — | as long as short |
| Extended TURBO-USDshort | +0.0104% | 1h | 0.001052 | −1.606% | $1K | $232K | 5x |
Injective TURBO/USDC PERP
Extended TURBO-USD
Kraken Futures PF_TURBOUSD
BloFin TURBO-USDT
Hyperliquid TURBO
Aster TURBOUSDT
Binance TURBOUSDT
Bybit 1000TURBOUSDT
OKX TURBO-USDT-SWAP
Gate TURBO_USDT
MEXC TURBO_USDT
KuCoin TURBOUSDTM
Bitget TURBOUSDT
BingX TURBO-USDT