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: Binance against Bybit+0.045%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,438as in the Price arb table
costs, in and out, $10k−$1,44214.416% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.045%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.031% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TURTLEUSDT | 0.04396 | 0.0100 | pay 0.0050% / 4h | 24m 20s | $154K | $36K | 25x |
| Short | Binance TURTLEUSDT | 0.04398 | 0.0100 | get 0.0050% / 4h | 24m 20s | $1.6M | $849K | 20x |
Bybit TURTLEUSDT
Binance TURTLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.045% → +0.014%
- $3.13
- Slippage, 4 orders
- −$1,420.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,438.47
- Costs to cover
- 14.416%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 60 min ago; Binance: live order book, 9 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 Bybit live order book, 60 min ago | 11.42 bp | 924.8 bp −$925 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.27 bp | 42.6 bp −$43 | 304.2 bp −$3,042 | 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-USDT | +0.0095% | 4h | 0.04412 | +0.364% | $102K | $8K | 20x | as long as short |
| Aster TURTLEUSDT | +0.0100% | 4h | 0.04397 | +0.026% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDTshort | +0.0100% | 4h | 0.04398 | +0.045% | $1.6M | $849K | 20x | |
| Bybit TURTLEUSDTlong | +0.0100% | 4h | 0.04396 | long leg | $154K | $36K | 25x | |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04410 | +0.318% | $90K | $24K | 20x | as long as short |
| MEXC TURTLE_USDT | +0.0100% | 4h | 0.04398 | +0.045% | $221K | $92K | 20x | as long as short |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04393 | −0.068% | $182K | $104K | 20x | as long as short |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04398 | +0.045% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04410 | +0.323% | $1K | $944 | — | as long as short |
BloFin TURTLE-USDT
Aster TURTLEUSDT
Gate TURTLE_USDT
MEXC TURTLE_USDT
KuCoin TURTLEUSDTM
BingX TURTLE-USDT
Variational Omni TURTLE