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 BingX+0.046%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,485as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,479as in the Price arb table
costs, in and out, $10k−$1,48514.848% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.046%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.054% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TURTLE-USDT | 0.04345 | 0.0100 | pay 0.0050% / 4h | 2h 12m | — | $6.5M | — |
| Short | Bybit TURTLEUSDT | 0.04347 | 0.0100 | get 0.0050% / 4h | 2h 12m | $151K | $24K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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% → −0.008%
- $5.38
- Slippage, 4 orders
- −$1,463.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,479.39
- Costs to cover
- 14.848%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 37 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 BingX live order book, 8 min ago | 9.22 bp | 56.2 bp −$56 | 352.5 bp −$3,525 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 37 min ago | 11.63 bp | 393.2 bp −$393 | doesn't fit | doesn't fit | doesn't fit |
TURTLE on 8 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 | 0.04344 | −0.030% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDT | +0.0100% | 4h | 0.04346 | +0.026% | $1.5M | $751K | 20x | as long as short |
| Bybit TURTLEUSDTshort | +0.0100% | 4h | 0.04347 | +0.046% | $151K | $24K | 25x | |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04350 | +0.115% | $89K | $22K | 20x | as long as short |
| MEXC TURTLE_USDT | +0.0100% | 4h | 0.04346 | +0.023% | $226K | $88K | 20x | as long as short |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04340 | −0.115% | $172K | $104K | 20x | as long as short |
| BingX TURTLE-USDTlong | +0.0100% | 4h | 0.04345 | long leg | — | $6.5M | — | |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04342 | −0.076% | $1K | $901 | — | as long as short |
BingX TURTLE-USDT
Bybit TURTLEUSDT
Aster TURTLEUSDT
Binance TURTLEUSDT
Gate TURTLE_USDT
MEXC TURTLE_USDT
KuCoin TURTLEUSDTM
Variational Omni TURTLE