BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h −0.011%

Price spread now: BingX against Gate−0.102%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1241.242% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.102%, 7d avg −0.035%

Together, before fees+0.060%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.067% cheaper against Gate than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.035%). If the spread goes back, that is −$7 on $10k: about 2.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.036% in total) that is about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BLUR_USDT	0.01968	0.0116	pay 0.0058% / 4h	1h 31m	$790K	$254K	50x
Short	BingX BLUR-USDT	0.01966	0.0200	get 0.0100% / 4h	1h 31m	—	$3.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.102%Rate

Funding earned: $17.64
Price spread: −0.102% → −0.035%: −$6.66
Slippage, 4 orders: −$99.18
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$113.19
Costs to cover: 1.242%
Break-even: 51.9 days

Slippage from Gate: live order book, 10 min ago; BingX: 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 Gate live order book, 10 min ago	7.61 bp	38.6 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	7.63 bp	26.9 bp −$27	67.5 bp −$675	667.5 bp −$66.7K	1053.3 bp −$526.6K

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	+1.524%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0075%	4h	0.01965	−0.152%	$335K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01966	−0.112%	$1.3M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01966	−0.086%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01967	−0.072%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01966	−0.097%	$1.2M	$931K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01968	0.000%	$970K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01965	−0.152%	$1.0M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01967	−0.051%	$565K	$127K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01967	−0.051%	$768K	$540K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BLUR	+0.0100%	8h	0.01965	−0.178%	$1K	$849	—	as long as short
Gate BLUR_USDTlong	+0.0116%	4h	0.01968	long leg	$790K	$254K	50x
BingX BLUR-USDTshort	+0.0200%	4h	0.01966	−0.102%	—	$3.4M	—
dYdX BLUR-USD	+0.0383%	1h	0.01969	+0.034%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3987%	1h	0.01971	+0.138%	$11K	$8K	10x	as long as short