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: MEXC against OKX−0.095%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1091.090% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.095%, 7d avg −0.063%

Together, before fees+0.073%+$7 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: MEXC is 0.032% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TURBO-USDT-SWAP	0.001057	0.0100	pay 0.0050% / 4h	2h 11m	$885K	$2.2M	20x
Short	MEXC TURBO_USDT	0.001056	0.0100	get 0.0050% / 4h	2h 11m	$5.4M	$612K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.095%Rate

Funding earned: $0
Price spread: −0.095% → −0.063%: −$3.18
Slippage, 4 orders: −$95.01
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$112.2
Costs to cover: 1.090%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; MEXC: live order book, 6 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	3.33 bp	38.8 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	2.85 bp	18.8 bp −$19	51.7 bp −$517	64.6 bp −$6,460	115.9 bp −$58.0K

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	0.001056	−0.157%	$69K	$30K	20x	as long as short
Injective TURBO/USDC PERP	+0.0033%	1h	0.001069	+1.107%	$83	$4	5.5x	as long as short
Hyperliquid TURBO	+0.0100%	1h	0.001057	−0.028%	$314K	$168K	3x	as long as short
Aster TURBOUSDT	+0.0100%	4h	0.001055	−0.175%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001056	−0.093%	$2.9M	$6.3M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001056	−0.085%	$378K	$766K	25x	as long as short
OKX TURBO-USDT-SWAPlong	+0.0100%	4h	0.001057	long leg	$885K	$2.2M	20x
Gate TURBO_USDT	+0.0100%	4h	0.001055	−0.208%	$385K	$325K	25x	as long as short
MEXC TURBO_USDTshort	+0.0100%	4h	0.001056	−0.095%	$5.4M	$612K	20x
KuCoin TURBOUSDTM	+0.0100%	4h	0.001055	−0.246%	$1.8M	$864K	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	0.001055	−0.218%	$997K	$581K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001055	−0.208%	—	$7.7M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001056	−0.148%	$1K	$229K	5x	as long as short
BloFin TURBO-USDT	+0.0127%	4h	0.001052	−0.530%	$151K	$465K	75x	as long as short