Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.015%
Price spread now: Bybit against BloFin−0.023%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,261as in the Price arb table
costs, in and out, $10k−$1,26212.621% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.023%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TURTLE-USDT | 0.04380 | 0.0070 | pay 0.0035% / 4h | 1h 18m | $103K | $7K | 20x |
| Short | Bybit TURTLEUSDT | 0.04379 | 0.0100 | get 0.0050% / 4h | 1h 18m | $151K | $24K | 25x |
BloFin TURTLE-USDT
Bybit TURTLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $6.37
- Price spread: −0.023% → −0.037%
- $1.41
- Slippage, 4 orders
- −$1,239.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,254.28
- Costs to cover
- 12.621%
- Break-even
- 1385.0 days
Slippage from BloFin: live order book, 16 min ago; Bybit: live order book, 26 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 BloFin live order book, 16 min ago | 4.57 bp | 32.1 bp −$32 | 127.7 bp −$1,277 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 26 min ago | 12.60 bp | 370.6 bp −$371 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TURTLE-USDTlong | +0.0070% | 4h | 0.04380 | long leg | $103K | $7K | 20x | |
| Aster TURTLEUSDT | +0.0100% | 4h | 0.04379 | −0.026% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDT | +0.0100% | 4h | 0.04378 | −0.046% | $1.6M | $790K | 20x | as long as short |
| Bybit TURTLEUSDTshort | +0.0100% | 4h | 0.04379 | −0.023% | $151K | $24K | 25x | |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04371 | −0.205% | $89K | $22K | 20x | as long as short |
| MEXC TURTLE_USDT | +0.0100% | 4h | 0.04378 | −0.046% | $234K | $90K | 20x | as long as short |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04370 | −0.228% | $174K | $103K | 20x | as long as short |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04380 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04383 | +0.073% | $1K | $944 | — | as long as short |
Aster TURTLEUSDT
Binance TURTLEUSDT
Gate TURTLE_USDT
MEXC TURTLE_USDT
KuCoin TURTLEUSDTM
BingX TURTLE-USDT
Variational Omni TURTLE