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

TURBO

all TURBO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against OKX−0.170%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.170%, 7d avg −0.076%
Together, before fees+0.084%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.095% cheaper against OKX than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.076%). If the spread goes back, that is −$9 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.027% in total) that is about 25 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TURBO-USDT-SWAP0.0010560.0100pay 0.0050% / 4h2h 50m$883K$2.1M20x
ShortBloFin TURBO-USDT0.0010540.0127get 0.0064% / 4h2h 50m$154K$455K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$5.68
Price spread: −0.170% → −0.076%
−$9.47
Slippage, 4 orders
−$97.25
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$123.04
Costs to cover
1.193%
Break-even
158.6 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 40 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 OKX live order book, 1 min ago3.80 bp41.7 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 40 min ago2.31 bp23.6 bp −$2465.1 bp −$651doesn'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−0.0115%1h0.001055−0.107%$69K$30K20xas long as short
Injective TURBO/USDC PERP+0.0033%1h0.001069+1.241%$83$45.5xas long as short
Hyperliquid TURBO+0.0100%1h0.001057+0.104%$316K$167K3xas long as short
Aster TURBOUSDT+0.0100%4h0.001056+0.025%$9K$20K10xas long as short
Binance TURBOUSDT+0.0100%4h0.001057+0.065%$2.9M$6.3M50xas long as short
Bybit 1000TURBOUSDT+0.0100%4h0.001056+0.057%$393K$759K25xas long as short
OKX TURBO-USDT-SWAPlong+0.0100%4h0.001056long leg$883K$2.1M20x
Gate TURBO_USDT+0.0100%4h0.001056−0.009%$383K$312K25xas long as short
MEXC TURBO_USDT+0.0100%4h0.0010560.000%$5.4M$596K20xas long as short
KuCoin TURBOUSDTM+0.0100%4h0.001057+0.104%$1.9M$830K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TURBOUSDT+0.0100%4h0.001056+0.009%$1.0M$553K25xas long as short
BingX TURBO-USDT+0.0100%4h0.001056−0.028%$7.7Mas long as short
Extended TURBO-USD+0.0104%1h0.001056+0.028%$452$229K5xas long as short
BloFin TURBO-USDTshort+0.0127%4h0.001054−0.170%$154K$455K75x