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+0.0184%/8h= +20.1% APRnext payment +$0.92 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin+0.050%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as 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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BLURUSDTM0.019810.0100pay 0.0050% / 4h49m 21s$579K$122K30x
ShortGate BLUR_USDT0.019820.0284get 0.0142% / 4h49m 21s$792K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$38.64
Price spread: +0.050% → +0.009%
$4.19
Slippage, 4 orders
−$234.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$218.22
Costs to cover
2.611%
Break-even
46.5 days
Slippage from KuCoin: live order book, 34 min ago; Gate: live order book, 7 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 KuCoin live order book, 34 min ago12.49 bp137.6 bp −$138doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 7 min ago7.52 bp36.4 bp −$36doesn'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+0.353%$26K$3285xas long as short
Injective BLUR/USDC PERP+0.0033%1h0.01998+0.858%$1K$2125.5xas long as short
Hyperliquid BLUR+0.0100%1h0.01978−0.172%$1.3M$440K3xas long as short
Aster BLURUSDT+0.0100%4h0.01979−0.103%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01977−0.183%$2.0M$3.7M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01978−0.146%$1.3M$1.0M25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.01978−0.151%$979K$1.7M20xas long as short
MEXC BLUR_USDT+0.0100%4h0.01977−0.202%$1.0M$115K20xas long as short
KuCoin BLURUSDTMlong+0.0100%4h0.01981long leg$579K$122K30x
Bitget BLURUSDT+0.0100%4h0.01979−0.101%$820K$494K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BLUR-USDT+0.0100%4h0.01977−0.202%$13.5Mas long as short
Variational Omni BLUR+0.0100%8h0.01983+0.101%$1K$849as long as short
BloFin BLUR-USDT+0.0144%4h0.01984+0.151%$364K$2K50xas long as short
Gate BLUR_USDTshort+0.0284%4h0.01982+0.050%$792K$262K50x
Kraken Futures PF_BLURUSD+0.5490%1h0.01988+0.339%$12K$8K10xas long as short