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

TURTLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.046%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,663as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,678as in the Price arb table
costs, in and out, $10k−$1,67016.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.046%, 7d avg +0.041%
Together, before fees+0.108%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.087% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TURTLEUSDTM0.043060.0100pay 0.0050% / 4h30m 20s$190K$100K20x
ShortBinance TURTLEUSDT0.043040.0100get 0.0050% / 4h30m 20s$1.5M$676K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: −0.046% → +0.041%
−$8.7
Slippage, 4 orders
−$1,647.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,678.42
Costs to cover
16.697%
Break-even
never at this rate
Slippage from KuCoin: live order book, 24 min ago; Binance: 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 KuCoin live order book, 24 min ago23.15 bp832.1 bp −$832doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago3.48 bp34.2 bp −$34243.5 bp −$2,435doesn't fitdoesn'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%4h0.04308+0.051%$2K$1K5xas long as short
Binance TURTLEUSDTshort+0.0100%4h0.04304−0.046%$1.5M$676K20x
Bybit TURTLEUSDT+0.0100%4h0.04311+0.116%$151K$26K25xas long as short
Gate TURTLE_USDT+0.0100%8h0.04297−0.209%$87K$20K20xas long as short
MEXC TURTLE_USDT+0.0100%4h0.04304−0.046%$225K$87K20xas long as short
KuCoin TURTLEUSDTMlong+0.0100%4h0.04306long leg$190K$100K20x
BingX TURTLE-USDT+0.0100%4h0.043060.000%$6.5Mas long as short
Variational Omni TURTLE+0.0100%4h0.04303−0.070%$1K$901as long as short
BloFin TURTLE-USDT+0.0138%4h0.04302−0.093%$101K$6K20xas long as short