TURBO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against MEXC−0.103%49s7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$910.906% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.193%+$19 · spread now −0.103%, 7d avg 0.000%

Together, before fees+0.197%+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.102% cheaper against MEXC than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TURBO_USDT	0.001070	0.0100	pay 0.0050% / 4h	3h 44m	$5.6M	$618K	20x
Short	BloFin TURBO-USDT	0.001069	0.0060	get 0.0030% / 4h	3h 44m	$153K	$493K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.103%Rate

Funding earned: −$8.42
Price spread: −0.103% → 0.000%: −$10.24
Slippage, 4 orders: −$74.56
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$109.22
Costs to cover: 0.906%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 32 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, 3 min ago	2.79 bp	27.9 bp −$28	52.3 bp −$523	62.4 bp −$6,240	110.8 bp −$55.4K
Sell BloFin live order book, 32 min ago	6.52 bp	22.7 bp −$23	72.2 bp −$722	doesn't fit	doesn't fit

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	−0.0831%	1h	0.001069	−0.063%	$71K	$33K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.103%	$83	$4	5.5x	as long as short
BloFin TURBO-USDTshort	+0.0060%	4h	0.001069	−0.103%	$153K	$493K	75x
Hyperliquid TURBO	+0.0100%	1h	0.001071	+0.084%	$315K	$170K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001071	+0.056%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001070	−0.009%	$2.9M	$6.7M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001069	−0.056%	$390K	$798K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001069	−0.065%	$905K	$2.4M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001071	+0.047%	$388K	$350K	25x	as long as short
MEXC TURBO_USDTlong	+0.0100%	4h	0.001070	long leg	$5.6M	$618K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTM	+0.0100%	4h	0.001072	+0.168%	$1.8M	$961K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001070	−0.009%	$1.0M	$620K	25x	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001070	+0.028%	$1K	$200K	5x	as long as short
BingX TURBO-USDT	+0.0660%	4h	0.001069	−0.056%	—	$9.4M	—	as long as short