Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h −0.015%
Price spread now: BloFin against Gate+0.160%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.160% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TURTLE_USDT | 0.04373 | 0.0100 | pay 0.0100% / 8h | 5h 20m | $89K | $22K | 20x |
| Short | BloFin TURTLE-USDT | 0.04380 | 0.0128 | get 0.0064% / 4h | 1h 20m | $103K | $7K | 20x |
Gate TURTLE_USDT
BloFin TURTLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $5.78
- Price spread: +0.160% → 0.000%
- $16.01
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$5.21
- Costs to cover
- 0.270%
- Break-even
- 13.3 days
Slippage unknown: Gate: no order-book sample; BloFin: live order book, 15 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 15 min ago | 4.57 bp | 30.0 bp −$30 | 126.3 bp −$1,263 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.04380 | +0.161% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDT | +0.0100% | 4h | 0.04381 | +0.183% | $1.6M | $790K | 20x | as long as short |
| Bybit TURTLEUSDT | +0.0100% | 4h | 0.04380 | +0.160% | $151K | $24K | 25x | as long as short |
| Gate TURTLE_USDTlong | +0.0100% | 8h | 0.04373 | long leg | $89K | $22K | 20x | |
| MEXC TURTLE_USDT | +0.0100% | 4h | 0.04381 | +0.183% | $234K | $89K | 20x | as long as short |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04374 | +0.023% | $174K | $103K | 20x | as long as short |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04382 | +0.206% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04383 | +0.233% | $1K | $944 | — | as long as short |
| BloFin TURTLE-USDTshort | +0.0128% | 4h | 0.04380 | +0.160% | $103K | $7K | 20x |
Aster TURTLEUSDT
Binance TURTLEUSDT
Bybit TURTLEUSDT
MEXC TURTLE_USDT
KuCoin TURTLEUSDTM
BingX TURTLE-USDT
Variational Omni TURTLE