Funding arb · Price arb /

TURBO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against OKX+0.023%7-day average −0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1681.676% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.023%, 7d avg −0.111%

Together, before fees−0.159%+ Points / potential airdropExtended: Active · farm board−$16 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: Extended is 0.134% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.111%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TURBO-USDT-SWAP	0.001074	0.0100	pay 0.0050% / 4h	3h 48m	$907K	$2.4M	20x
Short	Extended TURBO-USD	0.001074	0.0104	get 0.0013% / 1h	48m 49s	$1K	$200K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.023%Rate

Funding earned: $0.84
Price spread: +0.023% → −0.111%: $13.4
Slippage, 4 orders: −$152.65
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$153.4
Costs to cover: 1.676%
Break-even: 1285.3 days

Slippage from OKX: live order book, 3 min ago; Extended: live order book, 47 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, 3 min ago	3.73 bp	43.4 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 47 min ago	14.01 bp	39.9 bp −$40	289.7 bp −$2,897	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	−0.0826%	1h	0.001075	+0.123%	$71K	$31K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.475%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0062%	4h	0.001074	+0.019%	$154K	$496K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001076	+0.177%	$316K	$169K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001075	+0.049%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001075	+0.050%	$2.9M	$6.7M	50x	as long as short
OKX TURBO-USDT-SWAPlong	+0.0100%	4h	0.001074	long leg	$907K	$2.4M	20x
Gate TURBO_USDT	+0.0100%	4h	0.001074	+0.009%	$389K	$350K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001074	+0.037%	$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	+0.084%	$1.0M	$612K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001076	+0.177%	—	$9.4M	—	as long as short
Extended TURBO-USDshort	+0.0104%	1h	0.001074	+0.023%	$1K	$200K	5x
Bybit 1000TURBOUSDT	+0.0609%	4h	0.001076	+0.205%	$393K	$791K	25x	as long as short