BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0750%/8h= −82.1% APRnext payment −$3.75 per $10,000 · paid last 24h −0.016%

Price spread now: Bitget against Gate−0.050%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1401.403% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.050%, 7d avg −0.042%

Together, before fees−0.078%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.75 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	Gate BLUR_USDT	0.01985	0.0850	pay 0.0425% / 4h	3h 56m	$798K	$216K	50x
Short	Bitget BLURUSDT	0.01984	0.0100	get 0.0050% / 4h	3h 56m	$773K	$529K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$157.5
Price spread: −0.050% → −0.042%: −$0.88
Slippage, 4 orders: −$113.28
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$298.66
Costs to cover: 1.403%
Break-even: never at this rate

Slippage from Gate: live order book, 40 min ago; Bitget: live order book, 39 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, 40 min ago	7.57 bp	39.7 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 39 min ago	7.59 bp	26.2 bp −$26	207.3 bp −$2,073	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	+0.655%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01984	−0.050%	$1.3M	$425K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01983	−0.111%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01984	−0.050%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01984	−0.060%	$1.2M	$924K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01984	−0.050%	$991K	$1.6M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01984	−0.050%	$1.0M	$108K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01985	0.000%	$575K	$128K	30x	as long as short
Bitget BLURUSDTshort	+0.0100%	4h	0.01984	−0.050%	$773K	$529K	50x
BingX BLUR-USDT	+0.0100%	4h	0.01984	−0.050%	—	$3.4M	—	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	0.01982	−0.157%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0112%	4h	0.01982	−0.151%	$284K	$3K	50x	as long as short
dYdX BLUR-USD	+0.0687%	1h	0.01980	−0.272%	$25K	$328	5x	as long as short
Gate BLUR_USDTlong	+0.0850%	4h	0.01985	long leg	$798K	$216K	50x
Kraken Futures PF_BLURUSD	+0.2675%	1h	0.01988	+0.172%	$11K	$8K	10x	as long as short