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

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.313%−$31 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BLUR_USDT0.019830.0274pay 0.0137% / 4h48m 05s$792K$262K50x
ShortKuCoin BLURUSDTM0.019820.0100get 0.0050% / 4h48m 05s$579K$122K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 9 min ago7.52 bp47.5 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 35 min ago12.49 bp39.6 bp −$40doesn't fitdoesn'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
dYdX BLUR-USD0.0000%1h0.01988+0.252%$26K$3285xas long as short
Injective BLUR/USDC PERP+0.0033%1h0.01998+0.756%$1K$2125.5xas long as short
Hyperliquid BLUR+0.0100%1h0.01978−0.247%$1.3M$440K3xas long as short
Aster BLURUSDT+0.0100%4h0.01979−0.177%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01978−0.257%$2.0M$3.7M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01978−0.242%$1.3M$1.0M25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.01978−0.252%$977K$1.7M20xas long as short
MEXC BLUR_USDT+0.0100%4h0.01977−0.303%$1.0M$115K20xas long as short
KuCoin BLURUSDTMshort+0.0100%4h0.01982−0.050%$579K$122K30x
Bitget BLURUSDT+0.0100%4h0.01980−0.151%$820K$494K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BLUR-USDT+0.0100%4h0.01979−0.202%$13.5Mas long as short
Variational Omni BLUR+0.0100%8h0.019830.000%$1K$849as long as short
BloFin BLUR-USDT+0.0118%4h0.01981−0.101%$363K$2K50xas long as short
Gate BLUR_USDTlong+0.0274%4h0.01983long leg$792K$262K50x
Kraken Futures PF_BLURUSD+0.5492%1h0.01987+0.200%$12K$8K10xas long as short