Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget−0.100%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$850.852% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.100%, 7d avg −0.025%

Together, before fees+0.112%+$11 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 0.075% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BLURUSDT	0.01997	0.0100	pay 0.0050% / 4h	21m 52s	$826K	$496K	50x
Short	MEXC BLUR_USDT	0.01995	0.0100	get 0.0050% / 4h	21m 52s	$1.0M	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now −0.100%Rate

Funding earned: $0
Price spread: −0.100% → −0.025%: −$7.51
Slippage, 4 orders: −$69.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$92.68
Costs to cover: 0.852%
Break-even: never at this rate

Slippage from Bitget: live order book, 34 min ago; MEXC: live order book, 4 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 Bitget live order book, 34 min ago	7.54 bp	39.4 bp −$39	355.3 bp −$3,553	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.51 bp	4.5 bp −$5	44.4 bp −$444	134.4 bp −$13.4K	183.0 bp −$91.5K

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	+0.050%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0075%	4h	0.01992	−0.250%	$354K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01994	−0.170%	$1.4M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01995	−0.109%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01995	−0.100%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01995	−0.085%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01995	−0.100%	$985K	$1.7M	20x	as long as short
MEXC BLUR_USDTshort	+0.0100%	4h	0.01995	−0.100%	$1.0M	$116K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.01996	−0.050%	$580K	$125K	30x	as long as short
Bitget BLURUSDTlong	+0.0100%	4h	0.01997	long leg	$826K	$496K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01994	−0.150%	—	$13.3M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01992	−0.246%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0294%	4h	0.01996	−0.050%	$798K	$264K	50x	as long as short
dYdX BLUR-USD	+0.0602%	1h	0.01995	−0.119%	$26K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.5445%	1h	0.02004	+0.354%	$12K	$8K	10x	as long as short