Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against BingX+0.102%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1261.258% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.102%, 7d avg +0.035%
=The price spread pays, funding is against you. Gate is 0.067% dearer against BingX than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of +0.035%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.036% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BLUR-USDT | 0.01961 | 0.0200 | pay 0.0100% / 4h | 2h 31m | — | $13.3M | — |
| Short | Gate BLUR_USDT | 0.01963 | 0.0104 | get 0.0052% / 4h | 2h 31m | $788K | $256K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$20.16
- Price spread: +0.102% → +0.035%
- $6.65
- Slippage, 4 orders
- −$100.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$139.33
- Costs to cover
- 1.258%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 15 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 BingX live order book, 6 min ago | 7.62 bp | 23.6 bp −$24 | 59.6 bp −$596 | 678.0 bp −$67.8K | 1003.1 bp −$501.6K |
| Sell Gate live order book, 15 min ago | 7.57 bp | 38.2 bp −$38 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | +1.887% | $1K | $212 | 5.5x | as long as short |
| BloFin BLUR-USDT | +0.0082% | 4h | 0.01961 | 0.000% | $373K | $2K | 50x | as long as short |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01960 | −0.071% | $1.3M | $426K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01961 | −0.015% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.01959 | −0.087% | $2.0M | $3.6M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01961 | 0.000% | $1.2M | $925K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01959 | −0.102% | $972K | $1.6M | 20x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01960 | −0.051% | $1.0M | $118K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.01961 | 0.000% | $564K | $126K | 30x | as long as short |
| Bitget BLURUSDT | +0.0100% | 4h | 0.01961 | 0.000% | $777K | $545K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BLUR | +0.0100% | 8h | 0.01969 | +0.415% | $1K | $849 | — | as long as short |
| Gate BLUR_USDTshort | +0.0104% | 4h | 0.01963 | +0.102% | $788K | $256K | 50x | |
| BingX BLUR-USDTlong | +0.0200% | 4h | 0.01961 | long leg | — | $13.3M | — | |
| dYdX BLUR-USD | +0.2218% | 1h | 0.01961 | −0.016% | $25K | $328 | 5x | as long as short |
| Kraken Futures PF_BLURUSD | +0.3179% | 1h | 0.01971 | +0.485% | $11K | $8K | 10x | as long as short |
BingX BLUR-USDT
Gate BLUR_USDT
Injective BLUR/USDC PERP
BloFin BLUR-USDT
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
Variational Omni BLUR
Kraken Futures PF_BLURUSD