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

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against BloFin+0.201%50s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1841.837% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.316%−$32 on $10k
Price spread, last 3 days (all we have)−0.367%−$37 · spread now +0.201%, 7d avg +0.015%
Together, before fees−0.683%−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.186% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.316%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BLUR-USDT0.019910.0091pay 0.0045% / 4h2h 12m$366K$2K50x
ShortKuCoin BLURUSDTM0.019950.0100get 0.0050% / 4h2h 12m$586K$96K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$1.99
Price spread: +0.201% → +0.015%
$18.59
Slippage, 4 orders
−$159.65
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$163.08
Costs to cover
1.837%
Break-even
582.0 days
Slippage from BloFin: live order book, 8 min ago; KuCoin: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 8 min ago2.51 bp14.2 bp −$1448.5 bp −$485doesn't fitdoesn't fit
Sell KuCoin live order book, just now10.02 bp73.8 bp −$74doesn't fitdoesn't fitdoesn't fit

BLUR on 15 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+0.0014%1h0.01996+0.257%$12K$7K10xas long as short
Injective BLUR/USDC PERP+0.0033%1h0.01998+0.352%$1K$2125.5xas long as short
BloFin BLUR-USDTlong+0.0091%4h0.01991long leg$366K$2K50x
Hyperliquid BLUR+0.0100%1h0.01991+0.005%$1.3M$399K3xas long as short
Aster BLURUSDT+0.0100%4h0.01991+0.008%$4K$2K5xas long as short
Binance BLURUSDT+0.0100%4h0.01994+0.151%$2.0M$3.4M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01994+0.136%$1.3M$970K25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.01993+0.100%$956K$1.6M20xas long as short
Gate BLUR_USDT+0.0100%4h0.01994+0.151%$794K$249K50xas long as short
MEXC BLUR_USDT+0.0100%4h0.01995+0.201%$1.1M$119K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BLURUSDTMshort+0.0100%4h0.01995+0.201%$586K$96K30x
Bitget BLURUSDT+0.0100%4h0.01993+0.100%$823K$420K50xas long as short
BingX BLUR-USDT+0.0100%4h0.01994+0.151%$13.3Mas long as short
Variational Omni BLUR+0.0100%8h0.01991+0.001%$1K$407as long as short
dYdX BLUR-USD+0.0234%1h0.01995+0.195%$26K5xas long as short