Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.1273%/8h= −139.4% APRpaid last 24h −0.315%

Price spread now: Kraken Futures against Gate+0.304%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.304% dearer against Gate than usual: you sell high and buy low (spread +0.304% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BLUR_USDT	0.02007	0.0538	pay 0.0269% / 4h	3h 14m	$800K	$260K	50x
Short	Kraken Futures PF_BLURUSD	0.02013	−0.0735	pay 0.0092% / 1h	14m 08s	$13K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.304%Rate

Funding earned: −$267.33
Price spread: +0.304% → 0.000%: $30.39
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$261.94
Costs to cover: 0.250%
Break-even: from the start

Slippage unknown: Gate: live order book, 58 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 58 min ago	7.48 bp	38.6 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_BLURUSDshort	−0.0735%	1h	0.02013	+0.304%	$13K	$5K	10x
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.448%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02005	−0.110%	$1.4M	$433K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02002	−0.231%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02006	−0.028%	$2.0M	$3.5M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02006	−0.035%	$1.3M	$971K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02006	−0.050%	$983K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02005	−0.100%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02006	−0.050%	$582K	$100K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.02008	+0.050%	$830K	$461K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.02004	−0.149%	—	$13.7M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02000	−0.339%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0120%	4h	0.01999	−0.399%	$353K	$2K	50x	as long as short
dYdX BLUR-USD	+0.0425%	1h	0.01999	−0.399%	$26K	$328	5x	as long as short
Gate BLUR_USDTlong	+0.0538%	4h	0.02007	long leg	$800K	$260K	50x