Funding you earn now, next payment 04:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.87 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.050%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2612.611% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.050%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.042% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BLUR_USDT | 0.01983 | 0.0274 | pay 0.0137% / 4h | 48m 05s | $792K | $262K | 50x |
| Short | KuCoin BLURUSDTM | 0.01982 | 0.0100 | get 0.0050% / 4h | 48m 05s | $579K | $122K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$36.54
- Price spread: −0.050% → −0.009%
- −$4.19
- Slippage, 4 orders
- −$234.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$301.78
- Costs to cover
- 2.611%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 min ago; KuCoin: live order book, 35 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, 9 min ago | 7.52 bp | 47.5 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 12.49 bp | 39.6 bp −$40 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX BLUR-USD | 0.0000% | 1h | 0.01988 | +0.252% | $26K | $328 | 5x | as long as short |
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | +0.756% | $1K | $212 | 5.5x | as long as short |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01978 | −0.247% | $1.3M | $440K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01979 | −0.177% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.01978 | −0.257% | $2.0M | $3.7M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01978 | −0.242% | $1.3M | $1.0M | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01978 | −0.252% | $977K | $1.7M | 20x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01977 | −0.303% | $1.0M | $115K | 20x | as long as short |
| KuCoin BLURUSDTMshort | +0.0100% | 4h | 0.01982 | −0.050% | $579K | $122K | 30x | |
| Bitget BLURUSDT | +0.0100% | 4h | 0.01980 | −0.151% | $820K | $494K | 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 | 0.01979 | −0.202% | — | $13.5M | — | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.01983 | 0.000% | $1K | $849 | — | as long as short |
| BloFin BLUR-USDT | +0.0118% | 4h | 0.01981 | −0.101% | $363K | $2K | 50x | as long as short |
| Gate BLUR_USDTlong | +0.0274% | 4h | 0.01983 | long leg | $792K | $262K | 50x | |
| Kraken Futures PF_BLURUSD | +0.5492% | 1h | 0.01987 | +0.200% | $12K | $8K | 10x | as long as short |
Gate BLUR_USDT
KuCoin BLURUSDTM
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
MEXC BLUR_USDT
Bitget BLURUSDT
BingX BLUR-USDT
Variational Omni BLUR
BloFin BLUR-USDT
Kraken Futures PF_BLURUSD