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: Bitget against Binance+0.124%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$1061.060% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.124%, 7d avg +0.004%

Together, before fees−0.153%−$15 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: Bitget is 0.120% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BLURUSDT	0.02005	0.0100	pay 0.0050% / 4h	3h 05m	$2.0M	$3.5M	50x
Short	Bitget BLURUSDT	0.02007	0.0100	get 0.0050% / 4h	3h 05m	$830K	$464K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.124%Rate

Funding earned: $0
Price spread: +0.124% → +0.004%: $12.02
Slippage, 4 orders: −$83.98
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$93.96
Costs to cover: 1.060%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 65 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 Binance live order book, 15 min ago	2.51 bp	22.0 bp −$22	117.3 bp −$1,173	doesn't fit	doesn't fit
Sell Bitget live order book, 65 min ago	7.47 bp	32.5 bp −$32	181.3 bp −$1,813	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	−0.0738%	1h	0.02006	+0.053%	$13K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.325%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02003	−0.085%	$1.4M	$433K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02008	+0.169%	$4K	$3K	5x	as long as short
Binance BLURUSDTlong	+0.0100%	4h	0.02005	long leg	$2.0M	$3.5M	50x
Bybit BLURUSDT	+0.0100%	8h	0.02007	+0.124%	$1.3M	$971K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02006	+0.075%	$983K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02004	−0.025%	$1.1M	$118K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02006	+0.075%	$582K	$101K	30x	as long as short
Bitget BLURUSDTshort	+0.0100%	4h	0.02007	+0.124%	$830K	$464K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.02006	+0.075%	—	$13.7M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02005	+0.009%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0102%	4h	0.02010	+0.274%	$361K	$2K	50x	as long as short
Gate BLUR_USDT	+0.0592%	4h	0.02009	+0.224%	$801K	$261K	50x	as long as short
dYdX BLUR-USD	+0.0598%	1h	0.02005	+0.008%	$26K	$328	5x	as long as short