Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.51 per $10,000 · paid last 24h −0.017%
Price spread now: BloFin against Gate−0.254%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)+0.265%+$27 · spread now −0.254%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.220% cheaper against Gate than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BLUR_USDT | 0.01972 | 0.0190 | pay 0.0095% / 4h | 1h 44m | $791K | $253K | 50x |
| Short | BloFin BLUR-USDT | 0.01967 | 0.0089 | get 0.0044% / 4h | 1h 44m | $350K | $2K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.28
- Price spread: −0.254% → −0.034%
- −$21.98
- Slippage, 4 orders
- −$83.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$153.94
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; BloFin: live order book, 22 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, 62 min ago | 7.57 bp | 33.7 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 5.07 bp | 20.1 bp −$20 | 57.3 bp −$573 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | +1.318% | $1K | $212 | 5.5x | as long as short |
| BloFin BLUR-USDTshort | +0.0089% | 4h | 0.01967 | −0.254% | $350K | $2K | 50x | |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01968 | −0.213% | $1.3M | $427K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01970 | −0.079% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.01970 | −0.079% | $2.0M | $3.7M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01970 | −0.081% | $1.2M | $938K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01971 | −0.051% | $973K | $1.7M | 20x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01970 | −0.101% | $1.0M | $115K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.01972 | 0.000% | $567K | $126K | 30x | as long as short |
| Bitget BLURUSDT | +0.0100% | 4h | 0.01971 | −0.051% | $770K | $549K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BLUR | +0.0100% | 8h | 0.01967 | −0.271% | $1K | $849 | — | as long as short |
| Gate BLUR_USDTlong | +0.0190% | 4h | 0.01972 | long leg | $791K | $253K | 50x | |
| BingX BLUR-USDT | +0.0200% | 4h | 0.01970 | −0.101% | — | $3.4M | — | as long as short |
| dYdX BLUR-USD | +0.0711% | 1h | 0.01969 | −0.169% | $25K | $328 | 5x | as long as short |
| Kraken Futures PF_BLURUSD | +0.3971% | 1h | 0.01979 | +0.333% | $11K | $8K | 10x | as long as short |
Gate BLUR_USDT
BloFin BLUR-USDT
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
Variational Omni BLUR
BingX BLUR-USDT
Kraken Futures PF_BLURUSD