Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Gate against Binance+0.061%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1341.337% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.061%, 7d avg +0.039%

Together, before fees+0.048%+$5 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: Gate is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BLURUSDT	0.02010	0.0100	pay 0.0050% / 4h	48m 53s	$2.0M	$3.4M	50x
Short	Gate BLUR_USDT	0.02011	0.0100	get 0.0050% / 4h	48m 53s	$801K	$247K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → +0.039%: $2.16
Slippage, 4 orders: −$108.7
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$131.54
Costs to cover: 1.337%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Gate: live order book, 28 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 Binance live order book, 2 min ago	2.49 bp	22.9 bp −$23	142.1 bp −$1,421	doesn't fit	doesn't fit
Sell Gate live order book, 28 min ago	5.01 bp	35.9 bp −$36	doesn't fit	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	−0.0626%	1h	0.02011	+0.051%	$12K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.586%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0099%	1h	0.02008	−0.108%	$1.4M	$422K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02006	−0.163%	$4K	$3K	5x	as long as short
Binance BLURUSDTlong	+0.0100%	4h	0.02010	long leg	$2.0M	$3.4M	50x
Bybit BLURUSDT	+0.0100%	8h	0.02010	+0.031%	$1.3M	$970K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02010	+0.011%	$967K	$1.6M	20x	as long as short
Gate BLUR_USDTshort	+0.0100%	4h	0.02011	+0.061%	$801K	$247K	50x
MEXC BLUR_USDT	+0.0100%	4h	0.02009	−0.039%	$1.1M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02012	+0.111%	$590K	$96K	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	0.02012	+0.111%	$831K	$433K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.02011	+0.061%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02009	−0.016%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0128%	4h	0.02007	−0.138%	$350K	$2K	50x	as long as short
dYdX BLUR-USD	+0.5220%	1h	0.01992	−0.885%	$26K	$328	5x	as long as short