Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against KuCoin0.000%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$437as in the Funding arb table

Net, price: spread back to 7d avg − costs−$461as in the Price arb table

costs, in and out, $10k−$4634.634% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.266%+$27 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.027%

Together, before fees+0.266%+$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.027% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BLURUSDTM	0.01984	0.0100	pay 0.0050% / 4h	3h 56m	$575K	$128K	30x
Short	BingX BLUR-USDT	0.01984	0.0100	get 0.0050% / 4h	3h 56m	—	$3.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.027%: $2.7
Slippage, 4 orders: −$441.37
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$460.67
Costs to cover: 4.634%
Break-even: never at this rate

Slippage from KuCoin: live order book, 37 min ago; BingX: live order book, 8 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 KuCoin live order book, 37 min ago	10.10 bp	118.5 bp −$118	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	7.57 bp	22.6 bp −$23	71.0 bp −$710	726.3 bp −$72.6K	1067.7 bp −$533.9K

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	+0.706%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01984	0.000%	$1.3M	$425K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01982	−0.080%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01985	+0.050%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01984	−0.010%	$1.2M	$924K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01983	−0.050%	$991K	$1.6M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01983	−0.050%	$1.0M	$108K	20x	as long as short
KuCoin BLURUSDTMlong	+0.0100%	4h	0.01984	long leg	$575K	$128K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01983	−0.050%	$773K	$529K	50x	as long as short
BingX BLUR-USDTshort	+0.0100%	4h	0.01984	0.000%	—	$3.4M	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BLUR	+0.0100%	8h	0.01982	−0.107%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0112%	4h	0.01982	−0.101%	$284K	$3K	50x	as long as short
Gate BLUR_USDT	+0.0472%	4h	0.01986	+0.101%	$798K	$216K	50x	as long as short
dYdX BLUR-USD	+0.0687%	1h	0.01980	−0.222%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.2675%	1h	0.01988	+0.223%	$11K	$8K	10x	as long as short