BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0368%/8h= −40.3% APRnext payment −$1.84 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Gate−0.200%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$940.936% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.200%, 7d avg −0.063%

Together, before fees+0.088%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and MEXC is 0.137% cheaper against Gate than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.063%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.84 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	0.01999	0.0468	pay 0.0234% / 4h	1h 07m	$798K	$269K	50x
Short	MEXC BLUR_USDT	0.01995	0.0100	get 0.0050% / 4h	1h 07m	$1.0M	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.200%Rate

Funding earned: −$77.28
Price spread: −0.200% → −0.063%: −$13.67
Slippage, 4 orders: −$74.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$184.55
Costs to cover: 0.936%
Break-even: never at this rate

Slippage from Gate: live order book, 54 min ago; MEXC: live order book, 3 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, 54 min ago	7.55 bp	38.9 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.49 bp	4.5 bp −$4	35.1 bp −$351	130.5 bp −$13.1K	164.7 bp −$82.3K

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	−2.9395%	1h	0.02004	+0.261%	$13K	$8K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.050%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0049%	4h	0.02000	+0.050%	$357K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01994	−0.275%	$1.4M	$440K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01997	−0.086%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01995	−0.200%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01997	−0.105%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01996	−0.150%	$989K	$1.7M	20x	as long as short
MEXC BLUR_USDTshort	+0.0100%	4h	0.01995	−0.200%	$1.0M	$117K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.02000	+0.050%	$579K	$121K	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	0.01997	−0.100%	$824K	$488K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.01997	−0.100%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02001	+0.108%	$1K	$849	—	as long as short
Gate BLUR_USDTlong	+0.0468%	4h	0.01999	long leg	$798K	$269K	50x
dYdX BLUR-USD	+0.1895%	1h	0.01999	−0.020%	$26K	$328	5x	as long as short