Funding arb · Price arb /

BLUR

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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 0.000%

Price spread now: KuCoin against Bitget0.000%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$286as in the Funding arb table

Net, price: spread back to 7d avg − costs−$254as in the Price arb table

costs, in and out, $10k−$2522.516% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.340%−$34 on $10k

Price spread, last 4 days (all we have)+0.055%+$6 · spread now 0.000%, 7d avg +0.029%

Together, before fees−0.284%−$28 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: KuCoin is 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$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	Bitget BLURUSDT	0.02008	0.0100	pay 0.0050% / 4h	2h 32m	$829K	$415K	50x
Short	KuCoin BLURUSDTM	0.02008	0.0100	get 0.0050% / 4h	2h 32m	$588K	$96K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.029%: −$2.88
Slippage, 4 orders: −$227.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$254.44
Costs to cover: 2.516%
Break-even: never at this rate

Slippage from Bitget: live order book, 52 min ago; KuCoin: live order book, 49 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 Bitget live order book, 52 min ago	2.49 bp	24.5 bp −$25	134.8 bp −$1,348	doesn't fit	doesn't fit
Sell KuCoin live order book, 49 min ago	4.98 bp	134.9 bp −$135	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	+0.0014%	1h	0.02007	−0.049%	$12K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01880	−6.375%	$1K	$18K	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02006	−0.100%	$1.4M	$187K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02008	−0.003%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02007	−0.036%	$1.9M	$3.1M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02007	−0.030%	$1.3M	$952K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02007	−0.050%	$960K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.02011	+0.149%	$798K	$244K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02007	−0.050%	$1.1M	$118K	20x	as long as short
KuCoin BLURUSDTMshort	+0.0100%	4h	0.02008	0.000%	$588K	$96K	30x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDTlong	+0.0100%	4h	0.02008	long leg	$829K	$415K	50x
BingX BLUR-USDT	+0.0100%	4h	0.02009	+0.050%	—	$13.3M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02008	+0.021%	$1K	$2	—	as long as short
BloFin BLUR-USDT	+0.0120%	4h	0.02009	+0.050%	$348K	$2K	50x	as long as short
dYdX BLUR-USD	+0.0169%	1h	0.02004	−0.199%	$26K	—	5x	as long as short