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: KuCoin against Binance+0.079%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$466as in the Funding arb table

Net, price: spread back to 7d avg − costs−$440as in the Price arb table

costs, in and out, $10k−$4454.445% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.214%−$21 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.079%, 7d avg +0.037%

Together, before fees−0.293%−$29 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: KuCoin is 0.042% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BLURUSDT	0.01981	0.0100	pay 0.0050% / 4h	2h 49m	$2.0M	$3.6M	50x
Short	KuCoin BLURUSDTM	0.01983	0.0100	get 0.0050% / 4h	2h 49m	$571K	$127K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.079%Rate

Funding earned: $0
Price spread: +0.079% → +0.037%: $4.23
Slippage, 4 orders: −$422.52
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$440.28
Costs to cover: 4.445%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 9 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, 1 min ago	5.04 bp	20.0 bp −$20	123.6 bp −$1,236	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	7.58 bp	367.1 bp −$367	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
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.836%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01981	−0.037%	$1.3M	$420K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01981	−0.039%	$5K	$4K	5x	as long as short
Binance BLURUSDTlong	+0.0100%	4h	0.01981	long leg	$2.0M	$3.6M	50x
Bybit BLURUSDT	+0.0100%	8h	0.01981	−0.011%	$1.2M	$925K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01981	−0.022%	$982K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01985	+0.180%	$794K	$251K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01980	−0.072%	$1.0M	$115K	20x	as long as short
KuCoin BLURUSDTMshort	+0.0100%	4h	0.01983	+0.079%	$571K	$127K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01984	+0.130%	$817K	$489K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BLUR	+0.0100%	8h	0.01984	+0.153%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0110%	4h	0.01983	+0.079%	$358K	$2K	50x	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01982	+0.029%	—	$13.3M	—	as long as short
Kraken Futures PF_BLURUSD	+0.3148%	1h	0.01990	+0.421%	$11K	$8K	10x	as long as short
dYdX BLUR-USD	+0.3635%	1h	0.01972	−0.493%	$25K	$328	5x	as long as short