TURBO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0148%/8h= +16.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.007%

Price spread now: Injective against Kraken Futures+1.349%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 Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 1.349% dearer against Kraken Futures than usual: you sell high and buy low: +$135 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	0.001055	−0.0115	get 0.0014% / 1h	50m 38s	$69K	$30K	20x
Short	Injective TURBO/USDC PERP	0.001069	0.0033	get 0.0004% / 1h	50m 38s	$83	$4	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +1.349%Rate

Funding earned: $31.17
Price spread: +1.349% → 0.000%: $134.91
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $156.06
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Kraken Futures: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Kraken Futures and 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_TURBOUSDlong	−0.0115%	1h	0.001055	long leg	$69K	$30K	20x
Injective TURBO/USDC PERPshort	+0.0033%	1h	0.001069	+1.349%	$83	$4	5.5x
Hyperliquid TURBO	+0.0100%	1h	0.001057	+0.211%	$316K	$167K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001056	+0.132%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001057	+0.173%	$2.9M	$6.3M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001056	+0.164%	$393K	$759K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001056	+0.107%	$883K	$2.1M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001056	+0.098%	$383K	$312K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001056	+0.107%	$5.4M	$596K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001057	+0.211%	$1.9M	$830K	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	0.001056	+0.117%	$1.0M	$553K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001056	+0.079%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001056	+0.136%	$452	$229K	5x	as long as short
BloFin TURBO-USDT	+0.0127%	4h	0.001054	−0.063%	$154K	$455K	75x	as long as short