TURBO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against KuCoin−0.010%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$237as in the Price arb table

costs, in and out, $10k−$2402.400% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days−0.112%−$11 · spread now −0.010%, 7d avg −0.035%

Together, before fees−0.168%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.026% dearer against KuCoin than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.035%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.056% in total) that is about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TURBOUSDTM	0.001044	0.0156	pay 0.0078% / 4h	47m 04s	$1.8M	$997K	20x
Short	OKX TURBO-USDT-SWAP	0.001044	0.0100	get 0.0050% / 4h	47m 04s	$878K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$11.76
Price spread: −0.010% → −0.035%: $2.59
Slippage, 4 orders: −$217.98
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$249.15
Costs to cover: 2.400%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 3 min ago.

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 KuCoin live order book, 2 min ago	7.20 bp	83.3 bp −$83	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.88 bp	34.3 bp −$34	doesn't fit	doesn't fit	doesn't fit

TURBO on 14 exchanges

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_TURBOUSD	−0.1127%	1h	0.001043	−0.158%	$69K	$31K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+2.355%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001044	−0.038%	$293K	$198K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001043	−0.095%	$10K	$22K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001043	−0.088%	$2.8M	$6.8M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001044	−0.029%	$361K	$787K	25x	as long as short
OKX TURBO-USDT-SWAPshort	+0.0100%	4h	0.001044	−0.010%	$878K	$2.3M	20x
Gate TURBO_USDT	+0.0100%	4h	0.001043	−0.105%	$378K	$356K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001043	−0.086%	$5.4M	$537K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001045	+0.057%	$1.0M	$623K	25x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX TURBO-USDT	+0.0100%	4h	0.001043	−0.096%	—	$9.6M	—	as long as short
BloFin TURBO-USDT	+0.0100%	4h	0.001043	−0.134%	$151K	$507K	75x	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001043	−0.110%	$736	$204K	5x	as long as short
KuCoin TURBOUSDTMlong	+0.0156%	4h	0.001044	long leg	$1.8M	$997K	20x