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

TURTLE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.074%+$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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TURTLEUSDT0.044030.0100pay 0.0050% / 4h3h 40m$1.6M$858K20x
ShortKuCoin TURTLEUSDTM0.044000.0100get 0.0050% / 4h3h 40m$187K$103K20x

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 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: −0.068% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago3.41 bp51.1 bp −$51575.5 bp −$5,755doesn't fitdoesn't fit
Sell KuCoin live order book, 51 min ago19.31 bp897.4 bp −$897doesn't fitdoesn't fitdoesn't fit

TURTLE on 9 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%4h0.04401−0.054%$2K$2135xas long as short
Binance TURTLEUSDTlong+0.0100%4h0.04403long leg$1.6M$858K20x
Bybit TURTLEUSDT+0.0100%4h0.04400−0.068%$154K$36K25xas long as short
Gate TURTLE_USDT+0.0100%8h0.04406+0.069%$90K$22K20xas long as short
MEXC TURTLE_USDT+0.0100%4h0.04402−0.022%$221K$91K20xas long as short
KuCoin TURTLEUSDTMshort+0.0100%4h0.04400−0.068%$187K$103K20x
BingX TURTLE-USDT+0.0100%4h0.04401−0.045%$6.5Mas long as short
Variational Omni TURTLE+0.0100%4h0.04400−0.061%$1K$944as long as short
BloFin TURTLE-USDT+0.0154%4h0.04403+0.001%$102K$8K20xas long as short