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 0.000%

Price spread now: Bitget against MEXC−0.051%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$650.654% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.051%, 7d avg +0.025%

Together, before fees+0.068%+$7 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: Bitget is 0.076% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BLUR_USDT	0.01976	0.0100	pay 0.0050% / 4h	18m 48s	$1.0M	$114K	20x
Short	Bitget BLURUSDT	0.01975	0.0100	get 0.0050% / 4h	18m 48s	$770K	$537K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.051%Rate

Funding earned: $0
Price spread: −0.051% → +0.025%: −$7.57
Slippage, 4 orders: −$49.38
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$72.95
Costs to cover: 0.654%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 17 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, 2 min ago	2.54 bp	4.5 bp −$5	26.5 bp −$265	119.6 bp −$12.0K	167.4 bp −$83.7K
Sell Bitget live order book, 17 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	+1.113%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0050%	4h	0.01975	−0.051%	$293K	$3K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01976	−0.005%	$1.3M	$424K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01975	−0.041%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01975	−0.051%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01976	0.000%	$1.2M	$929K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01977	+0.051%	$987K	$1.7M	20x	as long as short
MEXC BLUR_USDTlong	+0.0100%	4h	0.01976	long leg	$1.0M	$114K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.01975	−0.051%	$572K	$128K	30x	as long as short
Bitget BLURUSDTshort	+0.0100%	4h	0.01975	−0.051%	$770K	$537K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BLUR	+0.0100%	8h	0.01972	−0.212%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0194%	4h	0.01976	0.000%	$794K	$230K	50x	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01975	−0.051%	—	$3.4M	—	as long as short
dYdX BLUR-USD	+0.0325%	1h	0.01975	−0.071%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3257%	1h	0.01978	+0.078%	$11K	$8K	10x	as long as short