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 Bybit−0.023%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,308as in the Price arb table
costs, in and out, $10k−$1,30513.048% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.023%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.035% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TURTLEUSDT | 0.04372 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $153K | $29K | 25x |
| Short | MEXC TURTLE_USDT | 0.04371 | 0.0100 | get 0.0050% / 4h | 2h 42m | $220K | $90K | 20x |
Bybit TURTLEUSDT
MEXC TURTLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.023% → +0.012%
- −$3.46
- Slippage, 4 orders
- −$1,289.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,308.26
- Costs to cover
- 13.048%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 52 min ago; MEXC: live order book, 52 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, 52 min ago | 7.97 bp | 895.6 bp −$896 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 52 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TURTLE-USDT | +0.0043% | 4h | 0.04378 | +0.137% | $102K | $7K | 20x | as long as short |
| Aster TURTLEUSDT | +0.0100% | 4h | 0.04375 | +0.062% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDT | +0.0100% | 4h | 0.04372 | −0.008% | $1.6M | $822K | 20x | as long as short |
| Bybit TURTLEUSDTlong | +0.0100% | 4h | 0.04372 | long leg | $153K | $29K | 25x | |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04377 | +0.114% | $90K | $21K | 20x | as long as short |
| MEXC TURTLE_USDTshort | +0.0100% | 4h | 0.04371 | −0.023% | $220K | $90K | 20x | |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04370 | −0.046% | $177K | $104K | 20x | as long as short |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04373 | +0.023% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04382 | +0.223% | $1K | $944 | — | as long as short |
BloFin TURTLE-USDT
Aster TURTLEUSDT
Binance TURTLEUSDT
Gate TURTLE_USDT
KuCoin TURTLEUSDTM
BingX TURTLE-USDT
Variational Omni TURTLE