BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0246%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget0.000%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1411.406% of the position

Long on Bitget Short on Gate

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)+0.129%+$13 · spread now 0.000%, 7d avg +0.038%

Together, before fees+0.115%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.038%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$7 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BLURUSDT	0.02002	0.0100	pay 0.0050% / 4h	2h 25m	$827K	$480K	50x
Short	Gate BLUR_USDT	0.02002	0.0346	get 0.0173% / 4h	2h 25m	$799K	$267K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $51.66
Price spread: 0.000% → +0.038%: −$3.8
Slippage, 4 orders: −$113.65
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$92.79
Costs to cover: 1.406%
Break-even: 19.6 days

Slippage from Bitget: live order book, 40 min ago; Gate: live order book, 41 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, 40 min ago	9.97 bp	30.8 bp −$31	248.8 bp −$2,488	doesn't fit	doesn't fit
Sell Gate live order book, 41 min ago	7.47 bp	39.4 bp −$39	doesn't fit	doesn't fit	doesn't fit

BLUR on 14 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	−0.3575%	1h	0.02004	+0.079%	$13K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.200%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01996	−0.285%	$1.4M	$436K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01999	−0.151%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02000	−0.100%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02002	−0.005%	$1.3M	$997K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02000	−0.100%	$990K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01998	−0.200%	$1.1M	$115K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02001	−0.050%	$585K	$106K	30x	as long as short
Bitget BLURUSDTlong	+0.0100%	4h	0.02002	long leg	$827K	$480K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.02002	0.000%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02001	−0.029%	$1K	$849	—	as long as short
Gate BLUR_USDTshort	+0.0346%	4h	0.02002	0.000%	$799K	$267K	50x
dYdX BLUR-USD	+0.0515%	1h	0.01998	−0.217%	$26K	$328	5x	as long as short