Settings8H · net · $10k
Funding arb · Price arb /

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.151%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1411.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.151%, 7d avg +0.038%
Together, before fees−0.036%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.113% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BLURUSDT0.019870.0100pay 0.0050% / 4h2h 11m$820K$485K50x
ShortGate BLUR_USDT0.019900.0248get 0.0124% / 4h2h 11m$794K$268K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
$31.08
Price spread: +0.151% → +0.038%
$11.3
Slippage, 4 orders
−$113.65
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$98.27
Costs to cover
1.406%
Break-even
29.1 days
Slippage from Bitget: live order book, 54 min ago; Gate: live order book, 55 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 Bitget live order book, 54 min ago9.97 bp30.8 bp −$31248.8 bp −$2,488doesn't fitdoesn't fit
Sell Gate live order book, 55 min ago7.47 bp39.4 bp −$39doesn't fitdoesn't fitdoesn't fit

BLUR on 14 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
Kraken Futures PF_BLURUSD−0.3604%1h0.01988+0.032%$13K$6K10xas long as short
Injective BLUR/USDC PERP+0.0033%1h0.01998+0.554%$1K$2125.5xas long as short
Hyperliquid BLUR+0.0100%1h0.01983−0.211%$1.3M$438K3xas long as short
Aster BLURUSDT+0.0100%4h0.019870.000%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01986−0.050%$2.0M$3.7M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01985−0.086%$1.3M$1.0M25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.01986−0.050%$979K$1.7M20xas long as short
MEXC BLUR_USDT+0.0100%4h0.01985−0.101%$1.0M$121K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.01988+0.050%$583K$108K30xas long as short
Bitget BLURUSDTlong+0.0100%4h0.01987long leg$820K$485K50x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BLUR-USDT+0.0100%4h0.019870.000%$13.5Mas long as short
Variational Omni BLUR+0.0100%8h0.01989+0.080%$1K$849as long as short
Gate BLUR_USDTshort+0.0248%4h0.01990+0.151%$794K$268K50x
dYdX BLUR-USD+0.0395%1h0.01989+0.111%$26K$3285xas long as short