Funding you earn now, next payment 10:00 UTC+0.2073%/8h= +227.0% APRnext payment +$2.59 per $10,000 · paid last 24h −0.041%
Price spread now: Extended against Kraken Futures+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.379%+$138 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$62 a day on $10k at the current rate, and Extended is 0.025% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.379% in total (about 71.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TURBOUSD | 0.001081 | −0.1969 | get 0.0246% / 1h | 57m 48s | $72K | $33K | 20x |
| Short | Extended TURBO-USD | 0.001081 | 0.0104 | get 0.0013% / 1h | 57m 48s | $456 | $194K | 5x |
Kraken Futures PF_TURBOUSD
Extended TURBO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $435.27
- Price spread: +0.025% → 0.000%
- $2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $422.82
- Costs to cover
- 0.150%
- Break-even
- 0.2 days
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 33 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 33 min ago | 14.14 bp | 40.5 bp −$41 | 363.5 bp −$3,635 | doesn't fit | doesn't fit |
Kraken Futures: 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 | −0.1969% | 1h | 0.001081 | long leg | $72K | $33K | 20x | |
| Injective TURBO/USDC PERP | +0.0033% | 1h | 0.001069 | −1.110% | $83 | $4 | 5.5x | as long as short |
| BloFin TURBO-USDT | +0.0099% | 4h | 0.001086 | +0.463% | $155K | $504K | 75x | as long as short |
| Hyperliquid TURBO | +0.0100% | 1h | 0.001085 | +0.371% | $319K | $173K | 3x | as long as short |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001081 | +0.035% | $10K | $20K | 10x | as long as short |
| Binance TURBOUSDT | +0.0100% | 4h | 0.001082 | +0.053% | $3.0M | $6.8M | 50x | as long as short |
| Bybit 1000TURBOUSDT | +0.0100% | 4h | 0.001082 | +0.121% | $393K | $790K | 25x | as long as short |
| OKX TURBO-USDT-SWAP | +0.0100% | 4h | 0.001081 | +0.037% | $916K | $2.4M | 20x | as long as short |
| Gate TURBO_USDT | +0.0100% | 4h | 0.001083 | +0.213% | $393K | $346K | 25x | as long as short |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001082 | +0.139% | $5.6M | $604K | 20x | as long as short |
Injective TURBO/USDC PERP
BloFin TURBO-USDT
Hyperliquid TURBO
Aster TURBOUSDT
Binance TURBOUSDT
Bybit 1000TURBOUSDT
OKX TURBO-USDT-SWAP
Gate TURBO_USDT
MEXC TURBO_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TURBOUSDT | +0.0100% | 4h | 0.001084 | +0.278% | $1.1M | $614K | 25x | as long as short |
| BingX TURBO-USDT | +0.0100% | 4h | 0.001082 | +0.084% | — | $9.6M | — | as long as short |
| Extended TURBO-USDshort | +0.0104% | 1h | 0.001081 | +0.025% | $456 | $194K | 5x | |
| KuCoin TURBOUSDTM | +0.0162% | 4h | 0.001083 | +0.204% | $1.9M | $959K | 20x | as long as short |
Bitget TURBOUSDT
BingX TURBO-USDT
KuCoin TURBOUSDTM