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

TURTLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.046%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1891.891% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.058%−$6 · spread now +0.046%, 7d avg −0.002%
Together, before fees−0.058%−$6 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: BingX is 0.048% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TURTLEUSDT0.043420.0100pay 0.0050% / 4h2h 11m$1.5M$752K20x
ShortBingX TURTLE-USDT0.043440.0100get 0.0050% / 4h2h 11m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$0
Price spread: +0.046% → −0.002%
$4.85
Slippage, 4 orders
−$169.07
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$184.22
Costs to cover
1.891%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; BingX: live order book, 9 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 Binance live order book, 7 min ago2.31 bp49.9 bp −$50484.7 bp −$4,847doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago9.22 bp47.6 bp −$48204.4 bp −$2,0441315.5 bp −$131.6Kdoesn't fit

TURTLE on 8 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
Aster TURTLEUSDT+0.0100%4h0.04344+0.048%$2K$2135xas long as short
Binance TURTLEUSDTlong+0.0100%4h0.04342long leg$1.5M$752K20x
Bybit TURTLEUSDT+0.0100%4h0.04341−0.023%$151K$24K25xas long as short
Gate TURTLE_USDT+0.0100%8h0.04350+0.184%$89K$22K20xas long as short
MEXC TURTLE_USDT+0.0100%4h0.04347+0.115%$226K$88K20xas long as short
KuCoin TURTLEUSDTM+0.0100%4h0.04340−0.046%$172K$104K20xas long as short
BingX TURTLE-USDTshort+0.0100%4h0.04344+0.046%$6.5M
Variational Omni TURTLE+0.0100%4h0.04342−0.007%$1K$901as long as short