BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.003%

Price spread now: MEXC against BloFin−0.199%79s7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as 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−$510.508% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.199%, 7d avg −0.036%

Together, before fees+0.120%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.163% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.036%). Swap the legs. The two prices were read 79 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	0.02009	0.0143	pay 0.0072% / 4h	41m 46s	$349K	$2K	50x
Short	MEXC BLUR_USDT	0.02005	0.0100	get 0.0050% / 4h	41m 46s	$1.1M	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.199%Rate

Funding earned: −$9.11
Price spread: −0.199% → −0.036%: −$16.27
Slippage, 4 orders: −$34.75
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$76.13
Costs to cover: 0.508%
Break-even: never at this rate

Slippage from BloFin: live order book, 33 min ago; MEXC: live order book, 4 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	2.51 bp	23.9 bp −$24	56.3 bp −$563	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.49 bp	4.5 bp −$4	40.5 bp −$405	139.3 bp −$13.9K	189.5 bp −$94.7K

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	−0.0626%	1h	0.02009	−0.007%	$12K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.548%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0076%	1h	0.02004	−0.264%	$1.4M	$424K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02005	−0.194%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02005	−0.199%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02006	−0.149%	$1.3M	$970K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02006	−0.149%	$966K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.02008	−0.050%	$802K	$249K	50x	as long as short
MEXC BLUR_USDTshort	+0.0100%	4h	0.02005	−0.199%	$1.1M	$116K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.02008	−0.050%	$588K	$96K	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	0.02008	−0.050%	$829K	$434K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.02008	−0.050%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02007	−0.117%	$1K	$849	—	as long as short
BloFin BLUR-USDTlong	+0.0143%	4h	0.02009	long leg	$349K	$2K	50x
dYdX BLUR-USD	+0.4003%	1h	0.02006	−0.129%	$26K	$328	5x	as long as short