Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against BingX+0.051%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$478as in the Funding arb table
Net, price: spread back to 7d avg − costs−$449as in the Price arb table
costs, in and out, $10k−$4524.516% of the position
Funding, last 7 days−0.266%−$27 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.051%, 7d avg +0.028%
=The price spread pays, funding is against you. KuCoin is 0.023% dearer against BingX than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of +0.028%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BLUR-USDT | 0.01968 | 0.0200 | pay 0.0100% / 4h | 2h 17m | — | $13.3M | — |
| Short | KuCoin BLURUSDTM | 0.01969 | 0.0100 | get 0.0050% / 4h | 2h 17m | $566K | $126K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$21
- Price spread: +0.051% → +0.028%
- $2.26
- Slippage, 4 orders
- −$429.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$470.38
- Costs to cover
- 4.516%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 41 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 | 7.66 bp | 24.2 bp −$24 | 63.6 bp −$636 | 639.8 bp −$64.0K | 960.5 bp −$480.3K |
| Sell KuCoin live order book, 41 min ago | 7.58 bp | 367.1 bp −$367 | 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 | +1.524% | $1K | $212 | 5.5x | as long as short |
| BloFin BLUR-USDT | +0.0044% | 4h | 0.01969 | +0.051% | $365K | $2K | 50x | as long as short |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01966 | −0.086% | $1.3M | $427K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01965 | −0.139% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.01967 | −0.051% | $2.0M | $3.7M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01968 | −0.005% | $1.2M | $933K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01967 | −0.051% | $968K | $1.7M | 20x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01967 | −0.051% | $1.0M | $120K | 20x | as long as short |
| KuCoin BLURUSDTMshort | +0.0100% | 4h | 0.01969 | +0.051% | $566K | $126K | 30x | |
| Bitget BLURUSDT | +0.0100% | 4h | 0.01968 | 0.000% | $770K | $552K | 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 | 0.01961 | −0.368% | $1K | $849 | — | as long as short |
| Gate BLUR_USDT | +0.0114% | 4h | 0.01971 | +0.152% | $792K | $258K | 50x | as long as short |
| BingX BLUR-USDTlong | +0.0200% | 4h | 0.01968 | long leg | — | $13.3M | — | |
| dYdX BLUR-USD | +0.1665% | 1h | 0.01960 | −0.391% | $25K | $328 | 5x | as long as short |
| Kraken Futures PF_BLURUSD | +0.3166% | 1h | 0.01979 | +0.534% | $11K | $8K | 10x | as long as short |
BingX BLUR-USDT
KuCoin BLURUSDTM
Injective BLUR/USDC PERP
BloFin BLUR-USDT
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
MEXC BLUR_USDT
Bitget BLURUSDT
Variational Omni BLUR
Gate BLUR_USDT
Kraken Futures PF_BLURUSD