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: Bitget against Gate0.000%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1451.449% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now 0.000%, 7d avg −0.039%

Together, before fees−0.141%−$14 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: Bitget is 0.039% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BLUR_USDT	0.01992	0.0100	pay 0.0050% / 4h	1h 44m	$794K	$247K	50x
Short	Bitget BLURUSDT	0.01992	0.0100	get 0.0050% / 4h	1h 44m	$823K	$424K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.039%: $3.88
Slippage, 4 orders: −$117.91
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$141.03
Costs to cover: 1.449%
Break-even: never at this rate

Slippage from Gate: live order book, 37 min ago; Bitget: live order book, 36 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 Gate live order book, 37 min ago	5.01 bp	51.5 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 36 min ago	10.02 bp	22.5 bp −$22	130.3 bp −$1,303	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	−0.1288%	1h	0.01992	+0.005%	$12K	$5K	10x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01989	−0.141%	$1.3M	$404K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01990	−0.097%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01991	−0.050%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01993	+0.050%	$1.3M	$969K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01991	−0.050%	$953K	$1.6M	20x	as long as short
Gate BLUR_USDTlong	+0.0100%	4h	0.01992	long leg	$794K	$247K	50x
MEXC BLUR_USDT	+0.0100%	4h	0.01991	−0.050%	$1.1M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01992	0.000%	$584K	$97K	30x	as long as short
Bitget BLURUSDTshort	+0.0100%	4h	0.01992	0.000%	$823K	$424K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01991	−0.050%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01990	−0.095%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0112%	4h	0.01987	−0.251%	$356K	$2K	50x	as long as short
dYdX BLUR-USD	+0.0198%	1h	0.01984	−0.402%	$26K	—	5x	as long as short
Injective BLUR/USDC PERP	+0.0799%	1h	0.01998	+0.301%	$1K	$212	5.5x	as long as short