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: Gate against OKX+0.047%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$154as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1561.560% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.047%, 7d avg −0.056%

Together, before fees+0.029%+$3 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: Gate is 0.103% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TURBO-USDT-SWAP	0.001072	0.0100	pay 0.0050% / 4h	3h 56m	$917K	$2.0M	20x
Short	Gate TURBO_USDT	0.001073	0.0100	get 0.0050% / 4h	3h 56m	$392K	$275K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → −0.056%: $10.27
Slippage, 4 orders: −$131.03
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$145.76
Costs to cover: 1.560%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Gate: live order book, 58 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, 5 min ago	2.81 bp	35.3 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 58 min ago	7.53 bp	40.0 bp −$40	719.6 bp −$7,196	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	−0.0193%	1h	0.001069	−0.271%	$68K	$28K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	−0.308%	$83	$4	5.5x	as long as short
BloFin TURBO-USDT	+0.0073%	4h	0.001071	−0.093%	$155K	$445K	75x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001073	+0.065%	$312K	$150K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001072	−0.025%	$10K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001072	−0.019%	$2.9M	$5.9M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001073	+0.075%	$397K	$738K	25x	as long as short
OKX TURBO-USDT-SWAPlong	+0.0100%	4h	0.001072	long leg	$917K	$2.0M	20x
Gate TURBO_USDTshort	+0.0100%	4h	0.001073	+0.047%	$392K	$275K	25x
MEXC TURBO_USDT	+0.0100%	4h	0.001072	−0.019%	$5.4M	$572K	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	0.001073	+0.037%	$1.9M	$809K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001073	+0.065%	$1.1M	$512K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001072	−0.028%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001072	−0.055%	$3K	$167K	5x	as long as short