BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h −0.007%

Price spread now: BloFin against KuCoin+0.101%110s7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$197as 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−$2232.231% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.257%+$26 on $10k

Price spread, last 4 days (all we have)+0.341%+$34 · spread now +0.101%, 7d avg −0.019%

Together, before fees+0.598%+$60 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.120% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.019%. The two prices were read 110 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	KuCoin BLURUSDTM	0.01989	0.0100	pay 0.0050% / 4h	1h 01m	$576K	$121K	30x
Short	BloFin BLUR-USDT	0.01991	0.0149	get 0.0075% / 4h	1h 01m	$365K	$2K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.101%Rate

Funding earned: $10.3
Price spread: +0.101% → −0.019%: $11.99
Slippage, 4 orders: −$199.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$200.81
Costs to cover: 2.231%
Break-even: 143.5 days

Slippage from KuCoin: live order book, 22 min ago; BloFin: live order book, 31 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 KuCoin live order book, 22 min ago	12.49 bp	137.6 bp −$138	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 31 min ago	10.03 bp	23.7 bp −$24	77.6 bp −$776	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
Kraken Futures PF_BLURUSD	−2.9482%	1h	0.01998	+0.470%	$13K	$8K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.452%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01988	−0.070%	$1.3M	$440K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01989	−0.019%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01987	−0.101%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01987	−0.096%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01988	−0.050%	$985K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01986	−0.151%	$1.0M	$117K	20x	as long as short
KuCoin BLURUSDTMlong	+0.0100%	4h	0.01989	long leg	$576K	$121K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01989	0.000%	$821K	$488K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01987	−0.101%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01989	+0.003%	$1K	$849	—	as long as short
BloFin BLUR-USDTshort	+0.0149%	4h	0.01991	+0.101%	$365K	$2K	50x
Gate BLUR_USDT	+0.0398%	4h	0.01989	0.000%	$795K	$270K	50x	as long as short
dYdX BLUR-USD	+0.1699%	1h	0.01991	+0.082%	$26K	$328	5x	as long as short