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: Bybit against KuCoin+0.069%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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)−0.093%−$9 · spread now +0.069%, 7d avg +0.021%
Together, before fees−0.043%−$4 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: Bybit is 0.048% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TURTLEUSDTM0.043360.0100pay 0.0050% / 4h2h 08m$172K$104K20x
ShortBybit TURTLEUSDT0.043390.0100get 0.0050% / 4h2h 08m$151K$24K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.069% → +0.021%
$4.77
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$18.23
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 21 min ago; Bybit: live order book, 41 min ago. Net counts fees only.

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, 21 min ago24.31 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 41 min ago11.63 bp393.2 bp −$393doesn't fitdoesn't fitdoesn't fit

TURTLE on 8 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%4h0.04341+0.113%$2K$2135xas long as short
Binance TURTLEUSDT+0.0100%4h0.04339+0.069%$1.5M$752K20xas long as short
Bybit TURTLEUSDTshort+0.0100%4h0.04339+0.069%$151K$24K25x
Gate TURTLE_USDT+0.0100%8h0.04345+0.208%$89K$22K20xas long as short
MEXC TURTLE_USDT+0.0100%4h0.04337+0.023%$226K$88K20xas long as short
KuCoin TURTLEUSDTMlong+0.0100%4h0.04336long leg$172K$104K20x
BingX TURTLE-USDT+0.0100%4h0.04340+0.092%$6.5Mas long as short
Variational Omni TURTLE+0.0100%4h0.04343+0.167%$1K$901as long as short