Funding arb · Price arb /

TURBO

all TURBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against OKX−0.074%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1371.369% of the position

Long on OKX Short on BingX

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+0.065%+$7 · spread now −0.074%, 7d avg −0.016%

Together, before fees+0.085%+$9 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: BingX is 0.059% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TURBO-USDT-SWAP	0.001075	0.0100	pay 0.0050% / 4h	3h 50m	$910K	$2.4M	20x
Short	BingX TURBO-USDT	0.001074	0.0100	get 0.0050% / 4h	3h 50m	—	$9.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.074%Rate

Funding earned: $0
Price spread: −0.074% → −0.016%: −$5.88
Slippage, 4 orders: −$116.91
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$142.79
Costs to cover: 1.369%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; BingX: 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 OKX live order book, 1 min ago	3.73 bp	43.4 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 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	−0.0828%	1h	0.001074	−0.105%	$71K	$31K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.549%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001078	+0.288%	$317K	$169K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001075	+0.042%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001076	+0.084%	$2.9M	$6.7M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001074	−0.084%	$391K	$791K	25x	as long as short
OKX TURBO-USDT-SWAPlong	+0.0100%	4h	0.001075	long leg	$910K	$2.4M	20x
Gate TURBO_USDT	+0.0100%	4h	0.001075	0.000%	$389K	$350K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001077	+0.177%	$5.6M	$616K	20x	as long as short
KuCoin TURBOUSDTM	+0.0100%	4h	0.001076	+0.140%	$1.9M	$966K	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	0.001075	+0.009%	$1.0M	$610K	25x	as long as short
BingX TURBO-USDTshort	+0.0100%	4h	0.001074	−0.074%	—	$9.4M	—
Extended TURBO-USD	+0.0104%	1h	0.001076	+0.113%	$1K	$200K	5x	as long as short
BloFin TURBO-USDT	+0.0159%	4h	0.001076	+0.093%	$155K	$496K	75x	as long as short