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 MEXC−0.114%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1331.335% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.114%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.110% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TURTLE_USDT | 0.04375 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $232K | $89K | 20x |
| Short | BingX TURTLE-USDT | 0.04370 | 0.0100 | get 0.0050% / 4h | 1h 22m | — | $6.5M | — |
MEXC TURTLE_USDT
BingX TURTLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.114% → −0.004%
- −$11
- Slippage, 4 orders
- −$119.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$144.5
- Costs to cover
- 1.335%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 22 min ago; BingX: live order book, 4 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, 22 min ago | 2.29 bp | 16.3 bp −$16 | 94.3 bp −$943 | 269.5 bp −$27.0K | 818.3 bp −$409.2K |
| Sell BingX live order book, 4 min ago | 13.74 bp | 46.7 bp −$47 | 146.4 bp −$1,464 | 1347.8 bp −$134.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TURTLEUSDT | +0.0100% | 4h | 0.04371 | −0.096% | $2K | $213 | 5x | as long as short |
| Binance TURTLEUSDT | +0.0100% | 4h | 0.04375 | 0.000% | $1.6M | $789K | 20x | as long as short |
| Bybit TURTLEUSDT | +0.0100% | 4h | 0.04370 | −0.114% | $151K | $24K | 25x | as long as short |
| Gate TURTLE_USDT | +0.0100% | 8h | 0.04367 | −0.183% | $89K | $22K | 20x | as long as short |
| MEXC TURTLE_USDTlong | +0.0100% | 4h | 0.04375 | long leg | $232K | $89K | 20x | |
| KuCoin TURTLEUSDTM | +0.0100% | 4h | 0.04368 | −0.160% | $173K | $103K | 20x | as long as short |
| BingX TURTLE-USDTshort | +0.0100% | 4h | 0.04370 | −0.114% | — | $6.5M | — | |
| Variational Omni TURTLE | +0.0100% | 4h | 0.04367 | −0.180% | $1K | $944 | — | as long as short |
| BloFin TURTLE-USDT | +0.0104% | 4h | 0.04366 | −0.206% | $103K | $7K | 20x | as long as short |
Aster TURTLEUSDT
Binance TURTLEUSDT
Bybit TURTLEUSDT
Gate TURTLE_USDT
KuCoin TURTLEUSDTM
Variational Omni TURTLE
BloFin TURTLE-USDT