Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against MEXC−0.176%7-day average +0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1161.162% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.223%+$22 · spread now −0.176%, 7d avg +0.063%

Together, before fees+0.204%+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.239% cheaper against MEXC than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TURBO_USDT	0.001077	0.0100	pay 0.0050% / 4h	3h 48m	$5.5M	$581K	20x
Short	OKX TURBO-USDT-SWAP	0.001075	0.0100	get 0.0050% / 4h	3h 48m	$918K	$2.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.176%Rate

Funding earned: $0
Price spread: −0.176% → +0.063%: −$23.9
Slippage, 4 orders: −$102.24
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$140.13
Costs to cover: 1.162%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 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 MEXC live order book, 3 min ago	3.23 bp	16.8 bp −$17	52.3 bp −$523	66.1 bp −$6,614	97.4 bp −$48.7K
Sell OKX live order book, 3 min ago	4.16 bp	35.8 bp −$36	doesn't fit	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	−0.0191%	1h	0.001079	+0.166%	$69K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.743%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001079	+0.186%	$315K	$152K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001079	+0.147%	$10K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001076	−0.071%	$3.0M	$5.9M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001079	+0.186%	$396K	$740K	25x	as long as short
OKX TURBO-USDT-SWAPshort	+0.0100%	4h	0.001075	−0.176%	$918K	$2.1M	20x
Gate TURBO_USDT	+0.0100%	4h	0.001078	+0.121%	$395K	$280K	25x	as long as short
MEXC TURBO_USDTlong	+0.0100%	4h	0.001077	long leg	$5.5M	$581K	20x
KuCoin TURBOUSDTM	+0.0100%	4h	0.001078	+0.130%	$1.9M	$814K	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	0.000%	$1.1M	$516K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001079	+0.167%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001077	−0.010%	$3K	$167K	5x	as long as short
BloFin TURBO-USDT	+0.0147%	4h	0.001079	+0.139%	$156K	$450K	75x	as long as short