Funding arb · Price arb /

TURBO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0928%/8h= +101.6% APRpaid last 24h −0.043%

Price spread now: Aster against Kraken Futures+0.206%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Aster is 0.206% dearer against Kraken Futures than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_TURBOUSD	0.001073	−0.0828	get 0.0104% / 1h	49m 52s	$71K	$31K	20x
Short	Aster TURBOUSDT	0.001075	0.0100	get 0.0050% / 4h	3h 49m	$9K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now +0.206%Rate

Funding earned: $194.9
Price spread: +0.206% → 0.000%: $20.61
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $197.52
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Kraken Futures: no order-book sample; Aster: no order-book sample. 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Kraken Futures and Aster: 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_TURBOUSDlong	−0.0828%	1h	0.001073	long leg	$71K	$31K	20x
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.376%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001078	+0.462%	$317K	$169K	3x	as long as short
Aster TURBOUSDTshort	+0.0100%	4h	0.001075	+0.206%	$9K	$20K	10x
Binance TURBOUSDT	+0.0100%	4h	0.001076	+0.304%	$2.9M	$6.7M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001076	+0.285%	$393K	$792K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001077	+0.332%	$909K	$2.4M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001074	+0.080%	$389K	$350K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001074	+0.099%	$5.6M	$616K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001076	+0.229%	$1.9M	$966K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TURBOUSDT	+0.0100%	4h	0.001076	+0.276%	$1.0M	$611K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001074	+0.118%	—	$9.4M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001074	+0.107%	$1K	$200K	5x	as long as short
BloFin TURBO-USDT	+0.0159%	4h	0.001076	+0.267%	$155K	$496K	75x	as long as short