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 0.000%

Price spread now: MEXC against Bitget−0.050%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$620.618% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.050%, 7d avg −0.021%

Together, before fees+0.072%+$7 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% 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 −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BLURUSDT	0.02007	0.0100	pay 0.0050% / 4h	2h 38m	$828K	$415K	50x
Short	MEXC BLUR_USDT	0.02006	0.0100	get 0.0050% / 4h	2h 38m	$1.1M	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → −0.021%: −$2.85
Slippage, 4 orders: −$45.81
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$64.67
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from Bitget: live order book, 47 min ago; MEXC: live order book, 3 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, 47 min ago	2.49 bp	24.5 bp −$25	134.8 bp −$1,348	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.49 bp	4.5 bp −$4	37.9 bp −$379	130.0 bp −$13.0K	169.3 bp −$84.6K

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	0.02005	−0.100%	$12K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01880	−6.328%	$1K	$18K	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02005	−0.095%	$1.4M	$187K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02007	−0.009%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02006	−0.037%	$1.9M	$3.2M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02007	+0.005%	$1.3M	$952K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02006	−0.050%	$959K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.02009	+0.100%	$797K	$244K	50x	as long as short
MEXC BLUR_USDTshort	+0.0100%	4h	0.02006	−0.050%	$1.1M	$117K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.02008	+0.050%	$588K	$96K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDTlong	+0.0100%	4h	0.02007	long leg	$828K	$415K	50x
BingX BLUR-USDT	+0.0100%	4h	0.02008	+0.050%	—	$13.1M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02007	−0.022%	$1K	$2	—	as long as short
dYdX BLUR-USD	+0.0105%	1h	0.02004	−0.149%	$26K	—	5x	as long as short
BloFin BLUR-USDT	+0.0126%	4h	0.02008	+0.050%	$348K	$2K	50x	as long as short