Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TURTLE-USDT | 0.04391 | 0.0100 | pay 0.0050% / 4h | 3h 33m | — | $6.5M | — |
| Short | MEXC TURTLE_USDT | 0.04391 | 0.0100 | get 0.0050% / 4h | 3h 33m | $221K | $91K | 20x |
BingX TURTLE-USDT
MEXC TURTLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: 0.000% → +0.005%
- −$0.5
- Slippage, 4 orders
- −$87.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$102.1
- Costs to cover
- 1.016%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago | 6.83 bp | 31.6 bp −$32 | 154.7 bp −$1,547 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.41 bp | 14.6 bp −$15 | 81.8 bp −$818 | 264.1 bp −$26.4K | 811.7 bp −$405.8K |
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 | 0.04386 | −0.114% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDT | +0.0100% | 4h | 0.04393 | +0.035% | $1.6M | $827K | 20x | as long as short |
| Bybit TURTLEUSDT | +0.0100% | 4h | 0.04383 | −0.182% | $149K | $28K | 25x | as long as short |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04392 | +0.023% | $91K | $21K | 20x | as long as short |
| MEXC TURTLE_USDTshort | +0.0100% | 4h | 0.04391 | 0.000% | $221K | $91K | 20x | |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04383 | −0.182% | $178K | $103K | 20x | as long as short |
| BingX TURTLE-USDTlong | +0.0100% | 4h | 0.04391 | long leg | — | $6.5M | — | |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04389 | −0.052% | $1K | $944 | — | as long as short |
| BloFin TURTLE-USDT | +0.0155% | 4h | 0.04388 | −0.068% | $103K | $7K | 20x | as long as short |
Aster TURTLEUSDT
Binance TURTLEUSDT
Bybit TURTLEUSDT
Gate TURTLE_USDT
KuCoin TURTLEUSDTM
Variational Omni TURTLE
BloFin TURTLE-USDT