Funding you earn now, next payment 04:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.015%
Price spread now: BloFin against KuCoin0.000%50s7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,935as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1,93719.367% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 3 days (all we have)−0.005%$0 · spread now 0.000%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.062% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.062%. The two prices were read 50 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 | KuCoin TURTLEUSDTM | 0.04295 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $173K | $102K | 20x |
| Short | BloFin TURTLE-USDT | 0.04295 | 0.0095 | get 0.0048% / 4h | 2h 50m | $101K | $7K | 20x |
KuCoin TURTLEUSDTM
BloFin TURTLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$1
- Price spread: 0.000% → +0.062%
- −$6.16
- Slippage, 4 orders
- −$1,912.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,943.82
- Costs to cover
- 19.367%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 54 min ago; BloFin: live order book, 64 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 KuCoin live order book, 54 min ago | 25.33 bp | 1105.2 bp −$1,105 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 2.31 bp | 27.7 bp −$28 | 95.9 bp −$959 | doesn't fit | doesn't fit |
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-USDTshort | +0.0095% | 4h | 0.04295 | 0.000% | $101K | $7K | 20x | |
| Aster TURTLEUSDT | +0.0100% | 4h | 0.04291 | −0.100% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDT | +0.0100% | 4h | 0.04306 | +0.256% | $1.5M | $723K | 20x | as long as short |
| Bybit TURTLEUSDT | +0.0100% | 4h | 0.04299 | +0.093% | $150K | $25K | 25x | as long as short |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04305 | +0.233% | $88K | $21K | 20x | as long as short |
| MEXC TURTLE_USDT | +0.0100% | 4h | 0.04306 | +0.256% | $225K | $86K | 20x | as long as short |
| KuCoin TURTLEUSDTMlong | +0.0100% | 4h | 0.04295 | long leg | $173K | $102K | 20x | |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04303 | +0.186% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04298 | +0.078% | $1K | $901 | — | as long as short |
Aster TURTLEUSDT
Binance TURTLEUSDT
Bybit TURTLEUSDT
Gate TURTLE_USDT
MEXC TURTLE_USDT
BingX TURTLE-USDT
Variational Omni TURTLE