TURBO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0560%/8h= +61.3% APRnext payment +$2.80 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against MEXC+0.019%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$930.931% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.049%+$5 · spread now +0.019%, 7d avg +0.047%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.029% cheaper against MEXC than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.047%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$17 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.80 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	MEXC TURBO_USDT	0.001076	0.0100	pay 0.0050% / 4h	3h 47m	$5.6M	$617K	20x
Short	BingX TURBO-USDT	0.001077	0.0660	get 0.0330% / 4h	3h 47m	—	$9.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.019%Rate

Funding earned: $117.6
Price spread: +0.019% → +0.047%: −$2.85
Slippage, 4 orders: −$79.07
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: $21.67
Costs to cover: 0.931%
Break-even: 5.7 days

Slippage from MEXC: live order book, just now; BingX: live order book, 6 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 MEXC live order book, just now	2.79 bp	27.9 bp −$28	52.3 bp −$523	62.4 bp −$6,240	110.8 bp −$55.4K
Sell BingX live order book, 6 min ago	7.46 bp	23.5 bp −$24	71.8 bp −$718	391.5 bp −$39.2K	572.5 bp −$286.3K

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_TURBOUSD	−0.0826%	1h	0.001076	−0.055%	$71K	$31K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.687%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0075%	4h	0.001076	+0.009%	$154K	$497K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001078	+0.149%	$317K	$170K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001077	+0.061%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001076	−0.023%	$2.9M	$6.7M	50x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001076	0.000%	$911K	$2.4M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001079	+0.251%	$391K	$350K	25x	as long as short
MEXC TURBO_USDTlong	+0.0100%	4h	0.001076	long leg	$5.6M	$617K	20x
KuCoin TURBOUSDTM	+0.0100%	4h	0.001077	+0.102%	$1.9M	$967K	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	0.001077	+0.056%	$1.0M	$615K	25x	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001076	−0.050%	$1K	$200K	5x	as long as short
Bybit 1000TURBOUSDT	+0.0362%	4h	0.001077	+0.102%	$394K	$792K	25x	as long as short
BingX TURBO-USDTshort	+0.0660%	4h	0.001077	+0.019%	—	$9.4M	—