Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: KuCoin against Gate−0.101%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$510as in the Funding arb table

Net, price: spread back to 7d avg − costs−$496as in the Price arb table

costs, in and out, $10k−$4864.865% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.230%−$23 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.101%, 7d avg −0.008%

Together, before fees−0.222%−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.093% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BLUR_USDT	0.01985	0.0100	pay 0.0050% / 4h	2h 49m	$794K	$251K	50x
Short	KuCoin BLURUSDTM	0.01983	0.0100	get 0.0050% / 4h	2h 49m	$571K	$127K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.101%Rate

Funding earned: $0
Price spread: −0.101% → −0.008%: −$9.29
Slippage, 4 orders: −$459.49
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$495.78
Costs to cover: 4.865%
Break-even: never at this rate

Slippage from Gate: live order book, 62 min ago; KuCoin: live order book, 9 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, 62 min ago	10.01 bp	42.2 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	7.58 bp	367.1 bp −$367	doesn't fit	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	0.01981	−0.217%	$1.3M	$420K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01981	−0.219%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01981	−0.180%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01981	−0.191%	$1.2M	$925K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01981	−0.202%	$982K	$1.6M	20x	as long as short
Gate BLUR_USDTlong	+0.0100%	4h	0.01985	long leg	$794K	$251K	50x
MEXC BLUR_USDT	+0.0100%	4h	0.01980	−0.252%	$1.0M	$115K	20x	as long as short
KuCoin BLURUSDTMshort	+0.0100%	4h	0.01983	−0.101%	$571K	$127K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01984	−0.050%	$817K	$489K	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	0.01984	−0.028%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0110%	4h	0.01983	−0.101%	$358K	$2K	50x	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01982	−0.151%	—	$13.3M	—	as long as short
Kraken Futures PF_BLURUSD	+0.3148%	1h	0.01990	+0.240%	$11K	$8K	10x	as long as short
dYdX BLUR-USD	+0.3635%	1h	0.01972	−0.672%	$25K	$328	5x	as long as short