Funding you earn now, next payment 12:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.559%111s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as 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−$820.819% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−1.001%−$100 · spread now +0.559%, 7d avg −0.009%
=The price spread pays, funding is against you. Binance is 0.569% dearer against BloFin than usual: you sell high and buy low (spread +0.559% now, against its 7-day average of −0.009%): +$57 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. 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 | BloFin BLUR-USDT | 0.01967 | 0.0128 | pay 0.0064% / 4h | 3h 23m | $280K | $2K | 50x |
| Short | Binance BLURUSDT | 0.01978 | 0.0100 | get 0.0050% / 4h | 3h 23m | $2.0M | $3.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.89
- Price spread: +0.559% → −0.009%
- $56.85
- Slippage, 4 orders
- −$59.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.96
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 min ago; Binance: live order book, 13 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 BloFin live order book, 33 min ago | 7.56 bp | 20.5 bp −$21 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.53 bp | 20.9 bp −$21 | 103.8 bp −$1,038 | 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 | +1.576% | $1K | $212 | 5.5x | as long as short |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01977 | +0.488% | $1.3M | $418K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01977 | +0.507% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDTshort | +0.0100% | 4h | 0.01978 | +0.559% | $2.0M | $3.6M | 50x | |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01978 | +0.544% | $1.2M | $920K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01979 | +0.610% | $981K | $1.6M | 20x | as long as short |
| Gate BLUR_USDT | +0.0100% | 4h | 0.01976 | +0.458% | $793K | $219K | 50x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01977 | +0.508% | $1.0M | $110K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.01974 | +0.356% | $570K | $127K | 30x | as long as short |
| Bitget BLURUSDT | +0.0100% | 4h | 0.01977 | +0.508% | $773K | $526K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BLUR-USDT | +0.0100% | 4h | 0.01977 | +0.508% | — | $3.4M | — | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.01964 | −0.169% | $1K | $849 | — | as long as short |
| BloFin BLUR-USDTlong | +0.0128% | 4h | 0.01967 | long leg | $280K | $2K | 50x | |
| dYdX BLUR-USD | +0.0629% | 1h | 0.01972 | +0.237% | $25K | $328 | 5x | as long as short |
| Kraken Futures PF_BLURUSD | +0.2685% | 1h | 0.01981 | +0.725% | $11K | $7K | 10x | as long as short |
BloFin BLUR-USDT
Binance BLURUSDT
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
Gate BLUR_USDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
BingX BLUR-USDT
Variational Omni BLUR
Kraken Futures PF_BLURUSD