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: Bitget against OKX+0.086%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1331.329% of the position

Long on OKX Short on Bitget

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−0.110%−$11 · spread now +0.086%, 7d avg −0.023%

Together, before fees−0.090%−$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: Bitget is 0.109% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TURBO-USDT-SWAP	0.001051	0.0100	pay 0.0050% / 4h	2h 18m	$880K	$2.2M	20x
Short	Bitget TURBOUSDT	0.001052	0.0100	get 0.0050% / 4h	2h 18m	$994K	$580K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → −0.023%: $10.86
Slippage, 4 orders: −$110.86
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$122
Costs to cover: 1.329%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 18 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, 4 min ago	4.30 bp	32.8 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 18 min ago	9.54 bp	36.6 bp −$37	138.9 bp −$1,389	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	−0.0115%	1h	0.001051	+0.029%	$69K	$30K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+1.703%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0067%	4h	0.001052	+0.057%	$152K	$466K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001053	+0.181%	$313K	$167K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001052	+0.084%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001052	+0.124%	$2.9M	$6.3M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001053	+0.133%	$376K	$760K	25x	as long as short
OKX TURBO-USDT-SWAPlong	+0.0100%	4h	0.001051	long leg	$880K	$2.2M	20x
Gate TURBO_USDT	+0.0100%	4h	0.001051	+0.038%	$384K	$324K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001052	+0.076%	$5.4M	$611K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTM	+0.0100%	4h	0.001051	+0.038%	$1.8M	$861K	20x	as long as short
Bitget TURBOUSDTshort	+0.0100%	4h	0.001052	+0.086%	$994K	$580K	25x
BingX TURBO-USDT	+0.0100%	4h	0.001053	+0.152%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001052	+0.057%	$1K	$232K	5x	as long as short