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

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.230%+$23 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BLUR_USDT0.019720.0190pay 0.0095% / 4h1h 44m$791K$253K50x
ShortBloFin BLUR-USDT0.019670.0089get 0.0044% / 4h1h 44m$350K$2K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 62 min ago7.57 bp33.7 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 22 min ago5.07 bp20.1 bp −$2057.3 bp −$573doesn'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
Injective BLUR/USDC PERP+0.0033%1h0.01998+1.318%$1K$2125.5xas long as short
BloFin BLUR-USDTshort+0.0089%4h0.01967−0.254%$350K$2K50x
Hyperliquid BLUR+0.0100%1h0.01968−0.213%$1.3M$427K3xas long as short
Aster BLURUSDT+0.0100%4h0.01970−0.079%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01970−0.079%$2.0M$3.7M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01970−0.081%$1.2M$938K25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.01971−0.051%$973K$1.7M20xas long as short
MEXC BLUR_USDT+0.0100%4h0.01970−0.101%$1.0M$115K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.019720.000%$567K$126K30xas long as short
Bitget BLURUSDT+0.0100%4h0.01971−0.051%$770K$549K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BLUR+0.0100%8h0.01967−0.271%$1K$849as long as short
Gate BLUR_USDTlong+0.0190%4h0.01972long leg$791K$253K50x
BingX BLUR-USDT+0.0200%4h0.01970−0.101%$3.4Mas long as short
dYdX BLUR-USD+0.0711%1h0.01969−0.169%$25K$3285xas long as short
Kraken Futures PF_BLURUSD+0.3971%1h0.01979+0.333%$11K$8K10xas long as short