Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: MEXC against BingX0.000%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$580.579% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 4 days (all we have)−0.074%−$7 · spread now 0.000%, 7d avg −0.029%

Together, before fees−0.131%−$13 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: MEXC is 0.029% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BLUR-USDT	0.02006	0.0100	pay 0.0050% / 4h	54m 46s	—	$13.2M	—
Short	MEXC BLUR_USDT	0.02006	0.0100	get 0.0050% / 4h	54m 46s	$1.1M	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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 BingXbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.029%: $2.94
Slippage, 4 orders: −$43.91
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$54.97
Costs to cover: 0.579%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 6 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, 8 min ago	4.99 bp	21.0 bp −$21	57.2 bp −$572	631.6 bp −$63.2K	976.8 bp −$488.4K
Sell MEXC live order book, 6 min ago	2.49 bp	4.5 bp −$4	33.5 bp −$335	128.7 bp −$12.9K	170.4 bp −$85.2K

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	−0.0627%	1h	0.02006	+0.015%	$12K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.399%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0076%	4h	0.02006	0.000%	$354K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0089%	1h	0.02005	−0.065%	$1.4M	$421K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02004	−0.118%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02007	+0.026%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02007	+0.065%	$1.3M	$975K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02006	0.000%	$966K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.02008	+0.100%	$800K	$247K	50x	as long as short
MEXC BLUR_USDTshort	+0.0100%	4h	0.02006	0.000%	$1.1M	$116K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BLURUSDTM	+0.0100%	4h	0.02007	+0.050%	$588K	$96K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.02008	+0.100%	$829K	$432K	50x	as long as short
BingX BLUR-USDTlong	+0.0100%	4h	0.02006	long leg	—	$13.2M	—
Variational Omni BLUR	+0.0100%	8h	0.02005	−0.036%	$1K	$849	—	as long as short
dYdX BLUR-USD	+0.4608%	1h	0.01992	−0.698%	$26K	$328	5x	as long as short