Settings8H · net · $10k
Funding arb · Price arb /

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0062%/8h= −6.8% APRnext payment $0.31 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.125%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$400as in the Price arb table
costs, in and out, $10k−$3973.967% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 7 days+0.067%+$7 · spread now −0.125%, 7d avg −0.093%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TURBOUSDTM0.0010840.0162pay 0.0081% / 4h2h 58m$1.9M$958K20x
ShortBinance TURBOUSDT0.0010830.0100get 0.0050% / 4h2h 58m$3.0M$6.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Funding earned
−$13.02
Price spread: −0.125% → −0.093%
−$3.27
Slippage, 4 orders
−$374.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$413.03
Costs to cover
3.967%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago7.80 bp165.9 bp −$166540.6 bp −$5,406doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago3.22 bp23.2 bp −$2379.9 bp −$799doesn't fitdoesn't fit

TURBO on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TURBOUSD−0.1962%1h0.001085+0.055%$72K$33K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069−1.393%$83$45.5xas long as short
BloFin TURBO-USDT+0.0099%4h0.001086+0.175%$155K$504K75xas long as short
Hyperliquid TURBO+0.0100%1h0.001085+0.083%$319K$173K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001083−0.141%$10K$20K10xas long as short
Binance TURBOUSDTshort+0.0100%4h0.001083−0.125%$3.0M$6.7M50x
Bybit 1000TURBOUSDT+0.0100%4h0.001084−0.028%$394K$791K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001083−0.138%$917K$2.4M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001084+0.028%$393K$346K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.001082−0.175%$5.6M$604K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TURBOUSDT+0.0100%4h0.001084−0.009%$1.1M$614K25xas long as short
BingX TURBO-USDT+0.0100%4h0.001083−0.129%$9.6Mas long as short
Extended TURBO-USD+0.0104%1h0.001082−0.175%$456$194K5xas long as short
KuCoin TURBOUSDTMlong+0.0162%4h0.001084long leg$1.9M$958K20x