Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.068%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,961as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,959as in the Price arb table
costs, in and out, $10k−$1,95619.563% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.125%+$13 · spread now −0.068%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.023% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TURTLEUSDT | 0.04403 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $1.6M | $858K | 20x |
| Short | KuCoin TURTLEUSDTM | 0.04400 | 0.0100 | get 0.0050% / 4h | 3h 40m | $187K | $103K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.068% → −0.045%
- −$2.26
- Slippage, 4 orders
- −$1,934.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,958.55
- Costs to cover
- 19.563%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 51 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, 8 min ago | 3.41 bp | 51.1 bp −$51 | 575.5 bp −$5,755 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 19.31 bp | 897.4 bp −$897 | 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 | 0.04401 | −0.054% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDTlong | +0.0100% | 4h | 0.04403 | long leg | $1.6M | $858K | 20x | |
| Bybit TURTLEUSDT | +0.0100% | 4h | 0.04400 | −0.068% | $154K | $36K | 25x | as long as short |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04406 | +0.069% | $90K | $22K | 20x | as long as short |
| MEXC TURTLE_USDT | +0.0100% | 4h | 0.04402 | −0.022% | $221K | $91K | 20x | as long as short |
| KuCoin TURTLEUSDTMshort | +0.0100% | 4h | 0.04400 | −0.068% | $187K | $103K | 20x | |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04401 | −0.045% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04400 | −0.061% | $1K | $944 | — | as long as short |
| BloFin TURTLE-USDT | +0.0154% | 4h | 0.04403 | +0.001% | $102K | $8K | 20x | as long as short |
Binance TURTLEUSDT
KuCoin TURTLEUSDTM
Aster TURTLEUSDT
Bybit TURTLEUSDT
Gate TURTLE_USDT
MEXC TURTLE_USDT
BingX TURTLE-USDT
Variational Omni TURTLE
BloFin TURTLE-USDT