BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0362%/8h= +39.6% APRnext payment +$1.81 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance+0.162%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1301.301% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.162%, 7d avg +0.043%

Together, before fees−0.133%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.119% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.043%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BLURUSDT	0.02000	0.0100	pay 0.0050% / 4h	1h 18m	$2.0M	$3.7M	50x
Short	Gate BLUR_USDT	0.02003	0.0462	get 0.0231% / 4h	1h 18m	$800K	$267K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now +0.162%Rate

Funding earned: $76.02
Price spread: +0.162% → +0.043%: $11.92
Slippage, 4 orders: −$105.08
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$42.14
Costs to cover: 1.301%
Break-even: 10.9 days

Slippage from Binance: live order book, 3 min ago; Gate: live order book, 44 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 Binance live order book, 3 min ago	2.50 bp	25.6 bp −$26	116.1 bp −$1,161	doesn't fit	doesn't fit
Sell Gate live order book, 44 min ago	7.55 bp	45.7 bp −$46	doesn't fit	doesn't fit	doesn't fit

BLUR on 15 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
Kraken Futures PF_BLURUSD	−2.9238%	1h	0.02015	+0.762%	$13K	$8K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.088%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01999	−0.033%	$1.4M	$440K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02002	+0.118%	$5K	$4K	5x	as long as short
Binance BLURUSDTlong	+0.0100%	4h	0.02000	long leg	$2.0M	$3.7M	50x
Bybit BLURUSDT	+0.0100%	8h	0.02003	+0.142%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02001	+0.062%	$990K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02000	+0.012%	$1.0M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02004	+0.212%	$577K	$120K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.02002	+0.112%	$826K	$488K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.02003	+0.162%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02007	+0.346%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0122%	4h	0.02001	+0.062%	$355K	$2K	50x	as long as short
Gate BLUR_USDTshort	+0.0462%	4h	0.02003	+0.162%	$800K	$267K	50x
dYdX BLUR-USD	+0.1803%	1h	0.01988	−0.608%	$26K	$328	5x	as long as short