BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against KuCoin−0.251%95s7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1841.837% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.316%+$32 on $10k

Price spread, last 3 days (all we have)+0.398%+$40 · spread now −0.251%, 7d avg −0.015%

Together, before fees+0.714%+$71 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.235% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.251% now, against its 7-day average of −0.015%). If the spread goes back, that is −$24 on $10k: about 14 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.316% in total) that is about 5.2 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BLURUSDTM	0.01993	0.0100	pay 0.0050% / 4h	1h 25m	$584K	$96K	30x
Short	BloFin BLUR-USDT	0.01988	0.0157	get 0.0078% / 4h	1h 25m	$364K	$2K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.251%Rate

Funding earned: $11.94
Price spread: −0.251% → −0.015%: −$23.54
Slippage, 4 orders: −$159.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$195.25
Costs to cover: 1.837%
Break-even: 121.5 days

Slippage from KuCoin: live order book, 47 min ago; BloFin: live order book, 54 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, 47 min ago	10.02 bp	74.2 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 54 min ago	2.51 bp	21.4 bp −$21	71.2 bp −$712	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
Kraken Futures PF_BLURUSD	−0.1288%	1h	0.01992	−0.029%	$12K	$5K	10x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01991	−0.120%	$1.3M	$410K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01990	−0.134%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01992	−0.050%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01993	−0.020%	$1.3M	$973K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01992	−0.050%	$952K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01993	0.000%	$795K	$248K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01991	−0.100%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTMlong	+0.0100%	4h	0.01993	long leg	$584K	$96K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01992	−0.050%	$823K	$428K	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	0.01991	−0.100%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01985	−0.381%	$1K	$849	—	as long as short
BloFin BLUR-USDTshort	+0.0157%	4h	0.01988	−0.251%	$364K	$2K	50x
Injective BLUR/USDC PERP	+0.0799%	1h	0.01998	+0.251%	$1K	$212	5.5x	as long as short
dYdX BLUR-USD	+0.0840%	1h	0.01985	−0.414%	$26K	—	5x	as long as short