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 KuCoin+0.251%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,780as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,763as in the Price arb table
costs, in and out, $10k−$1,78517.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.251%, 7d avg +0.028%
Together, before fees−0.176%−$18 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: BingX is 0.222% dearer against KuCoin than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TURTLEUSDTM0.043860.0100pay 0.0050% / 4h28m 54s$179K$104K20x
ShortBingX TURTLE-USDT0.043970.0100get 0.0050% / 4h28m 54s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.251% → +0.028%
$22.24
Slippage, 4 orders
−$1,763.26
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,763.02
Costs to cover
17.853%
Break-even
never at this rate
Slippage from KuCoin: live order book, 51 min ago; BingX: live order book, 6 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, 51 min ago27.48 bp956.6 bp −$957doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago9.14 bp43.3 bp −$43139.5 bp −$1,395doesn'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
BloFin TURTLE-USDT+0.0083%4h0.04385−0.023%$102K$7K20xas long as short
Aster TURTLEUSDT+0.0100%4h0.04394+0.173%$2K$2135xas long as short
Binance TURTLEUSDT+0.0100%4h0.04387+0.028%$1.6M$813K20xas long as short
Bybit TURTLEUSDT+0.0100%4h0.04390+0.091%$153K$26K25xas long as short
Gate TURTLE_USDT+0.0100%8h0.04394+0.182%$90K$21K20xas long as short
MEXC TURTLE_USDT+0.0100%4h0.04387+0.023%$220K$91K20xas long as short
KuCoin TURTLEUSDTMlong+0.0100%4h0.04386long leg$179K$104K20x
BingX TURTLE-USDTshort+0.0100%4h0.04397+0.251%$6.5M
Variational Omni TURTLE+0.0100%4h0.04389+0.074%$1K$944as long as short