Settings8H · net · $10k
Funding arb · Price arb /

TURTLE

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Alert: funding
Alert: spread
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: BingX against Bybit0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,305as in the Price arb table
costs, in and out, $10k−$1,30413.043% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now 0.000%, 7d avg +0.008%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TURTLEUSDT0.043700.0100pay 0.0050% / 4h1h 22m$151K$24K25x
ShortBingX TURTLE-USDT0.043700.0100get 0.0050% / 4h1h 22m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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% → +0.008%
−$0.77
Slippage, 4 orders
−$1,283.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,305.07
Costs to cover
13.043%
Break-even
never at this rate
Slippage from Bybit: live order book, 23 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 23 min ago12.60 bp829.4 bp −$829doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago13.74 bp46.7 bp −$47146.4 bp −$1,4641347.8 bp −$134.8Kdoesn't fit

TURTLE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TURTLEUSDT+0.0100%4h0.04371+0.014%$2K$2135xas long as short
Binance TURTLEUSDT+0.0100%4h0.04377+0.160%$1.6M$788K20xas long as short
Bybit TURTLEUSDTlong+0.0100%4h0.04370long leg$151K$24K25x
Gate TURTLE_USDT+0.0100%8h0.04367−0.069%$89K$22K20xas long as short
MEXC TURTLE_USDT+0.0100%4h0.04375+0.114%$232K$89K20xas long as short
KuCoin TURTLEUSDTM+0.0100%4h0.04368−0.046%$173K$103K20xas long as short
BingX TURTLE-USDTshort+0.0100%4h0.043700.000%$6.5M
Variational Omni TURTLE+0.0100%4h0.04367−0.066%$1K$944as long as short
BloFin TURTLE-USDT+0.0104%4h0.04366−0.092%$103K$7K20xas long as short