Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin0.000%7-day average −0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$385as in the Funding arb table

Net, price: spread back to 7d avg − costs−$407as in the Price arb table

costs, in and out, $10k−$4134.129% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.279%+$28 on $10k

Price spread, last 4 days (all we have)−0.055%−$6 · spread now 0.000%, 7d avg −0.055%

Together, before fees+0.224%+$22 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: MEXC is 0.055% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BLURUSDTM	0.01990	0.0100	pay 0.0050% / 4h	3h 36m	$578K	$102K	30x
Short	MEXC BLUR_USDT	0.01990	0.0100	get 0.0050% / 4h	3h 36m	$1.1M	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.055%: $5.49
Slippage, 4 orders: −$396.91
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$407.42
Costs to cover: 4.129%
Break-even: never at this rate

Slippage from KuCoin: live order book, 17 min ago; MEXC: live order book, 5 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, 17 min ago	12.42 bp	105.7 bp −$106	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.51 bp	4.5 bp −$5	32.0 bp −$320	123.1 bp −$12.3K	178.6 bp −$89.3K

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	−0.0744%	1h	0.01989	−0.060%	$13K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.402%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0082%	4h	0.01988	−0.101%	$350K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01988	−0.085%	$1.3M	$434K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01988	−0.103%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01989	−0.050%	$2.0M	$3.5M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01992	+0.095%	$1.3M	$970K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01992	+0.101%	$977K	$1.6M	20x	as long as short
MEXC BLUR_USDTshort	+0.0100%	4h	0.01990	0.000%	$1.1M	$116K	20x
KuCoin BLURUSDTMlong	+0.0100%	4h	0.01990	long leg	$578K	$102K	30x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDT	+0.0100%	4h	0.01992	+0.101%	$826K	$452K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.01990	0.000%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01991	+0.047%	$1K	$849	—	as long as short
dYdX BLUR-USD	+0.0139%	1h	0.01988	−0.116%	$26K	$328	5x	as long as short
Gate BLUR_USDT	+0.0206%	4h	0.01990	0.000%	$793K	$254K	50x	as long as short