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

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.077%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$920.922% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.077%, 7d avg +0.086%
Together, before fees−0.094%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TURBO_USDT0.0010440.0100pay 0.0050% / 4h2h 21m$5.4M$611K20x
ShortHyperliquid TURBO0.0010450.0100get 0.0013% / 1h21m 58s$310K$166K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.077% → +0.086%
−$0.97
Slippage, 4 orders
−$79.19
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$93.15
Costs to cover
0.922%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 48 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 MEXC live order book, 5 min ago3.37 bp15.8 bp −$1649.7 bp −$49765.3 bp −$6,528120.6 bp −$60.3K
Sell Hyperliquid live order book, 48 min ago4.71 bp21.9 bp −$22doesn'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−0.0116%1h0.001045+0.039%$68K$30K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069+2.375%$83$45.5xas long as short
BloFin TURBO-USDT+0.0077%4h0.001040−0.421%$151K$460K75xas long as short
Hyperliquid TURBOshort+0.0100%1h0.001045+0.077%$310K$166K3x
Aster TURBOUSDT+0.0100%4h0.001044−0.052%$9K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001046+0.133%$2.9M$6.3M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001045+0.048%$373K$759K25xas long as short
OKX TURBO-USDT-SWAP+0.0100%4h0.001046+0.153%$875K$2.2M20xas long as short
Gate TURBO_USDT+0.0100%4h0.001042−0.182%$381K$324K25xas long as short
MEXC TURBO_USDTlong+0.0100%4h0.001044long leg$5.4M$611K20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TURBOUSDTM+0.0100%4h0.001043−0.134%$1.8M$859K20xas long as short
Bitget TURBOUSDT+0.0100%4h0.001044−0.019%$987K$578K25xas long as short
BingX TURBO-USDT+0.0100%4h0.001045+0.105%$7.7Mas long as short
Extended TURBO-USD+0.0104%1h0.001044−0.009%$1K$232K5xas long as short