Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC−0.106%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$460.458% of the position

Long on MEXC Short on Binance

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)+0.138%+$14 · spread now −0.106%, 7d avg +0.021%

Together, before fees+0.139%+$14 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: Binance is 0.126% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BLUR_USDT	0.02003	0.0100	pay 0.0050% / 4h	3h 25m	$1.1M	$117K	20x
Short	Binance BLURUSDT	0.02001	0.0100	get 0.0050% / 4h	3h 25m	$2.0M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now −0.106%Rate

Funding earned: $0
Price spread: −0.106% → +0.021%: −$12.65
Slippage, 4 orders: −$31.82
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$58.46
Costs to cover: 0.458%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 10 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 MEXC live order book, 5 min ago	2.50 bp	4.5 bp −$5	32.9 bp −$329	127.2 bp −$12.7K	163.4 bp −$81.7K
Sell Binance live order book, 10 min ago	2.51 bp	16.6 bp −$17	110.1 bp −$1,101	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	−0.0739%	1h	0.02002	−0.048%	$13K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.250%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0098%	4h	0.01999	−0.200%	$360K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02000	−0.145%	$1.4M	$435K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02000	−0.130%	$4K	$3K	5x	as long as short
Binance BLURUSDTshort	+0.0100%	4h	0.02001	−0.106%	$2.0M	$3.5M	50x
Bybit BLURUSDT	+0.0100%	8h	0.02003	−0.020%	$1.3M	$974K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02001	−0.100%	$981K	$1.6M	20x	as long as short
MEXC BLUR_USDTlong	+0.0100%	4h	0.02003	long leg	$1.1M	$117K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.02005	+0.100%	$582K	$100K	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	0.02003	0.000%	$828K	$458K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.02003	0.000%	—	$13.7M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02004	+0.033%	$1K	$849	—	as long as short
dYdX BLUR-USD	+0.0481%	1h	0.01997	−0.316%	$26K	$328	5x	as long as short
Gate BLUR_USDT	+0.0862%	4h	0.02005	+0.100%	$800K	$259K	50x	as long as short