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: KuCoin against MEXC−0.206%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,725as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,737as in the Price arb table
costs, in and out, $10k−$1,72017.199% 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)+0.230%+$23 · spread now −0.206%, 7d avg −0.034%
Together, before fees+0.179%+$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: KuCoin is 0.172% cheaper against MEXC than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TURTLE_USDT0.043760.0100pay 0.0050% / 4h1h 14m$234K$90K20x
ShortKuCoin TURTLEUSDTM0.043670.0100get 0.0050% / 4h1h 14m$173K$103K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: −0.206% → −0.034%
−$17.22
Slippage, 4 orders
−$1,703.93
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,737.15
Costs to cover
17.199%
Break-even
never at this rate
Slippage from MEXC: live order book, 30 min ago; KuCoin: live order book, 5 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 MEXC live order book, 30 min ago2.29 bp16.3 bp −$1694.3 bp −$943269.5 bp −$27.0K818.3 bp −$409.2K
Sell KuCoin live order book, 5 min ago27.48 bp734.1 bp −$734doesn't fitdoesn'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+0.0091%4h0.04375−0.023%$103K$7K20xas long as short
Aster TURTLEUSDT+0.0100%4h0.04377+0.032%$2K$2135xas long as short
Binance TURTLEUSDT+0.0100%4h0.04376−0.001%$1.6M$791K20xas long as short
Bybit TURTLEUSDT+0.0100%4h0.043760.000%$151K$24K25xas long as short
Gate TURTLE_USDT+0.0100%8h0.04370−0.137%$89K$22K20xas long as short
MEXC TURTLE_USDTlong+0.0100%4h0.04376long leg$234K$90K20x
KuCoin TURTLEUSDTMshort+0.0100%4h0.04367−0.206%$173K$103K20x
BingX TURTLE-USDT+0.0100%4h0.04377+0.023%$6.5Mas long as short
Variational Omni TURTLE+0.0100%4h0.04375−0.019%$1K$944as long as short