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: MEXC against OKX−0.050%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$730.735% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 7 days+0.031%+$3 · spread now −0.050%, 7d avg +0.021%

Together, before fees+0.069%+$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: MEXC is 0.071% cheaper against OKX than usual: you would sell low and buy high, −$7 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	OKX BLUR-USDT-SWAP	0.01981	0.0100	pay 0.0050% / 4h	1h 14m	$983K	$1.7M	20x
Short	MEXC BLUR_USDT	0.01980	0.0100	get 0.0050% / 4h	1h 14m	$1.0M	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → +0.021%: −$7.12
Slippage, 4 orders: −$59.48
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$80.61
Costs to cover: 0.735%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 1 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 OKX live order book, 2 min ago	2.52 bp	31.0 bp −$31	940.2 bp −$9,402	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.53 bp	4.5 bp −$5	23.9 bp −$239	120.4 bp −$12.0K	172.2 bp −$86.1K

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	+0.858%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01980	−0.025%	$1.3M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01982	+0.059%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01981	−0.021%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01981	−0.020%	$1.2M	$935K	25x	as long as short
OKX BLUR-USDT-SWAPlong	+0.0100%	4h	0.01981	long leg	$983K	$1.7M	20x
MEXC BLUR_USDTshort	+0.0100%	4h	0.01980	−0.050%	$1.0M	$116K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.01983	+0.101%	$570K	$126K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01981	0.000%	$774K	$542K	50x	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01981	−0.010%	$1K	$849	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BLUR-USDT	+0.0154%	4h	0.01982	+0.050%	$321K	$3K	50x	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01982	+0.050%	—	$3.4M	—	as long as short
Gate BLUR_USDT	+0.0318%	4h	0.01985	+0.202%	$797K	$256K	50x	as long as short
dYdX BLUR-USD	+0.1234%	1h	0.01982	+0.032%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3955%	1h	0.01986	+0.276%	$11K	$8K	10x	as long as short