Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.005%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1071.075% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.005%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TURTLE_USDT | 0.04350 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $219K | $90K | 20x |
| Short | Binance TURTLEUSDT | 0.04350 | 0.0100 | get 0.0050% / 4h | 2h 39m | $1.6M | $830K | 20x |
MEXC TURTLE_USDT
Binance TURTLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0
- Price spread: +0.005% → +0.004%
- $0.02
- Slippage, 4 orders
- −$93.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.46
- Costs to cover
- 1.075%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 55 min ago; Binance: live order book, 9 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 MEXC live order book, 55 min ago | 3.41 bp | 13.3 bp −$13 | 86.7 bp −$867 | 263.8 bp −$26.4K | 786.2 bp −$393.1K |
| Sell Binance live order book, 9 min ago | 3.42 bp | 36.6 bp −$37 | 318.9 bp −$3,189 | 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-USDT | +0.0099% | 4h | 0.04364 | +0.322% | $102K | $7K | 20x | as long as short |
| Aster TURTLEUSDT | +0.0100% | 4h | 0.04350 | −0.004% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDTshort | +0.0100% | 4h | 0.04350 | +0.005% | $1.6M | $830K | 20x | |
| Bybit TURTLEUSDT | +0.0100% | 4h | 0.04349 | −0.023% | $152K | $29K | 25x | as long as short |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04348 | −0.046% | $90K | $21K | 20x | as long as short |
| MEXC TURTLE_USDTlong | +0.0100% | 4h | 0.04350 | long leg | $219K | $90K | 20x | |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04348 | −0.046% | $177K | $104K | 20x | as long as short |
| BingX TURTLE-USDT | +0.0100% | 4h | 0.04350 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04368 | +0.421% | $1K | $944 | — | as long as short |
BloFin TURTLE-USDT
Aster TURTLEUSDT
Bybit TURTLEUSDT
Gate TURTLE_USDT
KuCoin TURTLEUSDTM
BingX TURTLE-USDT
Variational Omni TURTLE