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

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin−0.018%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2772.767% 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 4 days (all we have)−0.485%−$49 · spread now −0.018%, 7d avg −0.019%
Together, before fees−0.521%+ Points / potential airdropHyperliquid: Season 2 · farm board−$52 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TURBOUSDTM0.0010870.0100pay 0.0050% / 4h3h 11m$1.9M$958K20x
ShortHyperliquid TURBO0.0010870.0100get 0.0013% / 1h11m 12s$321K$173K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: −0.018% → −0.019%
$0.03
Slippage, 4 orders
−$255.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$276.71
Costs to cover
2.767%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Hyperliquid: live order book, 28 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, 5 min ago9.23 bp101.1 bp −$101523.6 bp −$5,236doesn't fitdoesn't fit
Sell Hyperliquid live order book, 28 min ago4.68 bp20.6 bp −$21doesn't fitdoesn'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−0.0818%1h0.001086−0.099%$72K$33K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069−1.674%$83$45.5xas long as short
Hyperliquid TURBOshort+0.0100%1h0.001087−0.018%$321K$173K3x
Aster TURBOUSDT+0.0100%4h0.001087−0.036%$11K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001087−0.046%$3.0M$6.7M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001086−0.101%$395K$806K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001086−0.120%$917K$2.4M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001085−0.239%$393K$357K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.001086−0.147%$5.7M$628K20xas long as short
KuCoin TURBOUSDTMlong+0.0100%4h0.001087long leg$1.9M$958K20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TURBOUSDT+0.0100%4h0.001087−0.018%$1.1M$609K25xas long as short
BingX TURBO-USDT+0.0100%4h0.001086−0.083%$9.6Mas long as short
Extended TURBO-USD+0.0104%1h0.001084−0.264%$453$197K5xas long as short
BloFin TURBO-USDT+0.0113%4h0.001087−0.037%$154K$504K75xas long as short