Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.117%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.117%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.113% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TURTLEUSDT | 0.04279 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $1.5M | $652K | 20x |
| Short | MEXC TURTLE_USDT | 0.04274 | 0.0100 | get 0.0050% / 4h | 1h 51m | $233K | $84K | 20x |
Binance TURTLEUSDT
MEXC TURTLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.117% → −0.005%
- −$11.28
- Slippage, 4 orders
- −$89.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$114.64
- Costs to cover
- 1.034%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 21 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, 11 min ago | 3.50 bp | 34.2 bp −$34 | 418.4 bp −$4,184 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 21 min ago | 3.50 bp | 14.8 bp −$15 | 72.4 bp −$724 | 260.0 bp −$26.0K | 701.0 bp −$350.5K |
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 | 0.04281 | +0.055% | $2K | $1K | 5x | as long as short |
| Binance TURTLEUSDTlong | +0.0100% | 4h | 0.04279 | long leg | $1.5M | $652K | 20x | |
| Bybit TURTLEUSDT | +0.0100% | 4h | 0.04272 | −0.164% | $150K | $27K | 25x | as long as short |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04293 | +0.327% | $87K | $20K | 20x | as long as short |
| MEXC TURTLE_USDTshort | +0.0100% | 4h | 0.04274 | −0.117% | $233K | $84K | 20x | |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04273 | −0.141% | $184K | $88K | 20x | as long as short |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04271 | −0.187% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04291 | +0.271% | $1K | $901 | — | as long as short |
| BloFin TURTLE-USDT | +0.0139% | 4h | 0.04290 | +0.257% | $101K | $6K | 20x | as long as short |
Aster TURTLEUSDT
Bybit TURTLEUSDT
Gate TURTLE_USDT
KuCoin TURTLEUSDTM
BingX TURTLE-USDT
Variational Omni TURTLE
BloFin TURTLE-USDT