Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment −$0.56 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against BingX+0.410%111s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as 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−$900.903% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.410%, 7d avg −0.001%
=The price spread pays, funding is against you. BloFin is 0.411% dearer against BingX than usual: you sell high and buy low (spread +0.410% now, against its 7-day average of −0.001%): +$41 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.071% in total) that is about 40 days. The two prices were read 111 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 | BingX BLUR-USDT | 0.01953 | 0.0200 | pay 0.0100% / 4h | 2h 27m | — | $13.3M | — |
| Short | BloFin BLUR-USDT | 0.01961 | 0.0089 | get 0.0044% / 4h | 2h 27m | $365K | $2K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$23.34
- Price spread: +0.410% → −0.001%
- $41.06
- Slippage, 4 orders
- −$68.26
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.54
- Costs to cover
- 0.903%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 45 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 BingX live order book, 11 min ago | 7.62 bp | 23.6 bp −$24 | 59.6 bp −$596 | 678.0 bp −$67.8K | 1003.1 bp −$501.6K |
| Sell BloFin live order book, 45 min ago | 2.52 bp | 17.9 bp −$18 | 47.5 bp −$475 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | +2.304% | $1K | $212 | 5.5x | as long as short |
| BloFin BLUR-USDTshort | +0.0089% | 4h | 0.01961 | +0.410% | $365K | $2K | 50x | |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01954 | +0.041% | $1.3M | $427K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01955 | +0.106% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.01955 | +0.102% | $2.0M | $3.7M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01953 | +0.005% | $1.2M | $925K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01953 | 0.000% | $965K | $1.6M | 20x | as long as short |
| Gate BLUR_USDT | +0.0100% | 4h | 0.01956 | +0.154% | $784K | $257K | 50x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01954 | +0.051% | $995K | $120K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.01956 | +0.154% | $562K | $126K | 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 | 0.01954 | +0.051% | $769K | $548K | 50x | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.01959 | +0.304% | $1K | $849 | — | as long as short |
| BingX BLUR-USDTlong | +0.0200% | 4h | 0.01953 | long leg | — | $13.3M | — | |
| dYdX BLUR-USD | +0.1871% | 1h | 0.01956 | +0.154% | $25K | $328 | 5x | as long as short |
| Kraken Futures PF_BLURUSD | +0.3183% | 1h | 0.01968 | +0.773% | $11K | $8K | 10x | as long as short |
BingX BLUR-USDT
BloFin BLUR-USDT
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
Gate BLUR_USDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
Variational Omni BLUR
Kraken Futures PF_BLURUSD