Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against MEXC+0.150%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$850.852% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.150%, 7d avg +0.060%

Together, before fees+0.002%$0 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: Gate is 0.090% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BLUR_USDT	0.02006	0.0100	pay 0.0050% / 4h	6m 55s	$1.1M	$118K	20x
Short	Gate BLUR_USDT	0.02009	0.0100	get 0.0050% / 4h	6m 55s	$799K	$252K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.150%Rate

Funding earned: $0
Price spread: +0.150% → +0.060%: $8.99
Slippage, 4 orders: −$66.2
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$76.21
Costs to cover: 0.852%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Gate: 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 MEXC live order book, 3 min ago	2.49 bp	4.5 bp −$4	24.7 bp −$247	126.4 bp −$12.6K	176.1 bp −$88.1K
Sell Gate live order book, 5 min ago	7.48 bp	37.6 bp −$38	doesn't fit	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	−0.0626%	1h	0.02009	+0.127%	$12K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.399%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02006	−0.020%	$1.4M	$429K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02004	−0.105%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02006	+0.025%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02009	+0.140%	$1.3M	$972K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02008	+0.100%	$980K	$1.7M	20x	as long as short
Gate BLUR_USDTshort	+0.0100%	4h	0.02009	+0.150%	$799K	$252K	50x
MEXC BLUR_USDTlong	+0.0100%	4h	0.02006	long leg	$1.1M	$118K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.02008	+0.100%	$586K	$97K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDT	+0.0100%	4h	0.02006	0.000%	$829K	$437K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.02007	+0.050%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02003	−0.142%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0153%	4h	0.02009	+0.150%	$355K	$2K	50x	as long as short
dYdX BLUR-USD	+0.1397%	1h	0.02004	−0.100%	$26K	$328	5x	as long as short