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: Binance against OKX+0.021%7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1301.295% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.021%, 7d avg −0.061%

Together, before fees−0.042%−$4 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: Binance is 0.082% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TURBO-USDT-SWAP	0.001053	0.0100	pay 0.0050% / 4h	2h 59m	$880K	$2.1M	20x
Short	Binance TURBOUSDT	0.001053	0.0100	get 0.0050% / 4h	2h 59m	$2.9M	$6.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → −0.061%: $8.2
Slippage, 4 orders: −$109.52
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$121.32
Costs to cover: 1.295%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Binance: live order book, 8 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 OKX live order book, 2 min ago	5.22 bp	33.4 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.94 bp	38.3 bp −$38	91.8 bp −$918	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	−0.0196%	1h	0.001054	+0.090%	$69K	$30K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+1.558%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001054	+0.133%	$315K	$167K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001053	+0.029%	$9K	$20K	10x	as long as short
Binance TURBOUSDTshort	+0.0100%	4h	0.001053	+0.021%	$2.9M	$6.2M	50x
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001054	+0.105%	$393K	$755K	25x	as long as short
OKX TURBO-USDT-SWAPlong	+0.0100%	4h	0.001053	long leg	$880K	$2.1M	20x
Gate TURBO_USDT	+0.0100%	4h	0.001053	+0.029%	$383K	$305K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001053	+0.010%	$5.4M	$604K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001053	+0.086%	$1.9M	$821K	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	0.001053	+0.038%	$1.0M	$550K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001053	+0.038%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001053	+0.006%	$452	$229K	5x	as long as short
BloFin TURBO-USDT	+0.0111%	4h	0.001052	−0.067%	$155K	$451K	75x	as long as short