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 −0.005%

Price spread now: KuCoin against BingX+0.150%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$244as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$2052.046% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.391%−$39 on $10k

Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.150%, 7d avg +0.022%

Together, before fees−0.578%−$58 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 0.128% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BLUR-USDT	0.01999	0.0100	pay 0.0050% / 4h	1h 05m	—	$13.2M	—
Short	KuCoin BLURUSDTM	0.02002	0.0100	get 0.0050% / 4h	1h 05m	$587K	$96K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.150%Rate

Funding earned: $0
Price spread: +0.150% → +0.022%: $12.81
Slippage, 4 orders: −$182.59
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$191.78
Costs to cover: 2.046%
Break-even: never at this rate

Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 67 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 BingX live order book, 12 min ago	7.52 bp	24.3 bp −$24	57.4 bp −$574	648.7 bp −$64.9K	1010.0 bp −$505.0K
Sell KuCoin live order book, 67 min ago	10.02 bp	73.8 bp −$74	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	−0.1284%	1h	0.01999	+0.007%	$12K	$5K	10x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01996	−0.135%	$1.4M	$418K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01997	−0.095%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01998	−0.071%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01999	+0.015%	$1.3M	$976K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01998	−0.050%	$958K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.02000	+0.050%	$797K	$249K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01998	−0.050%	$1.1M	$118K	20x	as long as short
KuCoin BLURUSDTMshort	+0.0100%	4h	0.02002	+0.150%	$587K	$96K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01999	0.000%	$825K	$429K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDTlong	+0.0100%	4h	0.01999	long leg	—	$13.2M	—
Variational Omni BLUR	+0.0100%	8h	0.01997	−0.121%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0128%	4h	0.01993	−0.300%	$347K	$2K	50x	as long as short
Injective BLUR/USDC PERP	+0.0799%	1h	0.01998	−0.050%	$1K	$212	5.5x	as long as short
dYdX BLUR-USD	+0.1019%	1h	0.01992	−0.350%	$26K	—	5x	as long as short