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: Binance against Bitget−0.151%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1231.230% of the position

Long on Bitget Short on Binance

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)+0.220%+$22 · spread now −0.151%, 7d avg −0.004%

Together, before fees+0.205%+$21 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: Binance is 0.147% cheaper against Bitget than usual: you would sell low and buy high, −$15 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	Bitget BLURUSDT	0.01990	0.0100	pay 0.0050% / 4h	43m 27s	$825K	$494K	50x
Short	Binance BLURUSDT	0.01987	0.0100	get 0.0050% / 4h	43m 27s	$2.0M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.151%Rate

Funding earned: $0
Price spread: −0.151% → −0.004%: −$14.65
Slippage, 4 orders: −$101.04
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$137.69
Costs to cover: 1.230%
Break-even: never at this rate

Slippage from Bitget: live order book, 12 min ago; Binance: live order book, 8 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 Bitget live order book, 12 min ago	7.54 bp	39.4 bp −$39	355.3 bp −$3,553	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	2.52 bp	22.5 bp −$23	112.9 bp −$1,129	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
dYdX BLUR-USD	0.0000%	1h	0.01988	−0.101%	$26K	$328	5x	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	+0.0072%	4h	0.01981	−0.452%	$364K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01987	−0.151%	$1.3M	$440K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01986	−0.179%	$5K	$4K	5x	as long as short
Binance BLURUSDTshort	+0.0100%	4h	0.01987	−0.151%	$2.0M	$3.7M	50x
Bybit BLURUSDT	+0.0100%	8h	0.01987	−0.151%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01988	−0.101%	$985K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01988	−0.101%	$1.0M	$115K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01990	0.000%	$581K	$123K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDTlong	+0.0100%	4h	0.01990	long leg	$825K	$494K	50x
BingX BLUR-USDT	+0.0100%	4h	0.01989	−0.050%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01983	−0.358%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0236%	4h	0.01991	+0.050%	$795K	$262K	50x	as long as short
Kraken Futures PF_BLURUSD	+0.5461%	1h	0.01998	+0.403%	$12K	$8K	10x	as long as short