Settings8H · net · $10k
Funding arb · Price arb /

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −1.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Bitget−0.101%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)+0.294%+$29 · spread now −0.101%, 7d avg +0.005%
Together, before fees+0.257%+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.105% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BLURUSDT0.019900.0100pay 0.0050% / 4h41m 01s$825K$494K50x
ShortBloFin BLUR-USDT0.019880.0082get 0.0041% / 4h41m 01s$362K$2K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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

Funding earned
−$3.69
Price spread: −0.101% → +0.005%
−$10.5
Slippage, 4 orders
−$98.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$136.26
Costs to cover
1.221%
Break-even
never at this rate
Slippage from Bitget: live order book, 15 min ago; BloFin: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 15 min ago7.54 bp39.4 bp −$39355.3 bp −$3,553doesn't fitdoesn't fit
Sell BloFin live order book, 51 min ago10.03 bp23.7 bp −$2477.6 bp −$776doesn't fitdoesn't fit

BLUR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BLUR-USD0.0000%1h0.01988−0.101%$26K$3285xas long as short
Injective BLUR/USDC PERP+0.0033%1h0.01998+0.402%$1K$2125.5xas long as short
BloFin BLUR-USDTshort+0.0082%4h0.01988−0.101%$362K$2K50x
Hyperliquid BLUR+0.0100%1h0.01988−0.116%$1.3M$440K3xas long as short
Aster BLURUSDT+0.0100%4h0.01986−0.184%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01988−0.102%$2.0M$3.7M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01988−0.116%$1.3M$1.0M25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.01989−0.050%$984K$1.7M20xas long as short
MEXC BLUR_USDT+0.0100%4h0.01986−0.201%$1.0M$115K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.01988−0.101%$584K$123K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BLURUSDTlong+0.0100%4h0.01990long leg$825K$494K50x
BingX BLUR-USDT+0.0100%4h0.01988−0.101%$13.5Mas long as short
Variational Omni BLUR+0.0100%8h0.01987−0.137%$1K$849as long as short
Gate BLUR_USDT+0.0222%4h0.01989−0.050%$795K$263K50xas long as short
Kraken Futures PF_BLURUSD+0.5466%1h0.01996+0.313%$12K$8K10xas long as short