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: Bybit against Binance+0.046%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,315as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,309as in the Price arb table
costs, in and out, $10k−$1,31513.154% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.046%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.062% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TURTLEUSDT | 0.04335 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $1.5M | $696K | 20x |
| Short | Bybit TURTLEUSDT | 0.04337 | 0.0100 | get 0.0050% / 4h | 3h 44m | $151K | $25K | 25x |
Binance TURTLEUSDT
Bybit TURTLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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% → −0.016%
- $6.24
- Slippage, 4 orders
- −$1,294.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,309.19
- Costs to cover
- 13.154%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 10 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 Binance live order book, 3 min ago | 1.15 bp | 45.9 bp −$46 | 452.5 bp −$4,525 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 13.85 bp | 355.0 bp −$355 | doesn't fit | doesn't fit | doesn't fit |
TURTLE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TURTLEUSDT | +0.0100% | 4h | 0.04333 | −0.051% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDTlong | +0.0100% | 4h | 0.04335 | long leg | $1.5M | $696K | 20x | |
| Bybit TURTLEUSDTshort | +0.0100% | 4h | 0.04337 | +0.046% | $151K | $25K | 25x | |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04342 | +0.161% | $88K | $21K | 20x | as long as short |
| MEXC TURTLE_USDT | +0.0100% | 4h | 0.04336 | +0.023% | $226K | $86K | 20x | as long as short |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04334 | −0.023% | $175K | $104K | 20x | as long as short |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04336 | +0.023% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04335 | +0.008% | $1K | $901 | — | as long as short |
| BloFin TURTLE-USDT | +0.0122% | 4h | 0.04333 | −0.046% | $101K | $7K | 20x | as long as short |
Aster TURTLEUSDT
Gate TURTLE_USDT
MEXC TURTLE_USDT
KuCoin TURTLEUSDTM
BingX TURTLE-USDT
Variational Omni TURTLE
BloFin TURTLE-USDT