BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0031%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against BloFin+0.200%65s7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2382.379% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.316%−$32 on $10k

Price spread, last 3 days (all we have)−0.269%−$27 · spread now +0.200%, 7d avg +0.016%

Together, before fees−0.585%−$59 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.184% dearer against BloFin than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of +0.016%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. At the pace of the last 7 days (−0.316% in total) that is about 4.1 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BLUR-USDT	0.02004	0.0131	pay 0.0065% / 4h	38m 09s	$349K	$2K	50x
Short	KuCoin BLURUSDTM	0.02008	0.0100	get 0.0050% / 4h	38m 09s	$588K	$96K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now +0.200%Rate

Funding earned: −$6.42
Price spread: +0.200% → +0.016%: $18.37
Slippage, 4 orders: −$213.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$225.97
Costs to cover: 2.379%
Break-even: never at this rate

Slippage from BloFin: live order book, 37 min ago; KuCoin: live order book, 25 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 BloFin live order book, 37 min ago	2.51 bp	23.9 bp −$24	56.3 bp −$563	doesn't fit	doesn't fit
Sell KuCoin live order book, 25 min ago	12.48 bp	86.2 bp −$86	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	−0.0628%	1h	0.02004	+0.024%	$12K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.299%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0055%	1h	0.02002	−0.115%	$1.4M	$424K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02004	−0.021%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02003	−0.050%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02005	+0.045%	$1.3M	$970K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02004	0.000%	$965K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.02008	+0.200%	$802K	$249K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02003	−0.050%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTMshort	+0.0100%	4h	0.02008	+0.200%	$588K	$96K	30x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDT	+0.0100%	4h	0.02007	+0.150%	$829K	$434K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.02005	+0.050%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02006	+0.102%	$1K	$849	—	as long as short
BloFin BLUR-USDTlong	+0.0131%	4h	0.02004	long leg	$349K	$2K	50x
dYdX BLUR-USD	+0.3431%	1h	0.02006	+0.120%	$26K	$328	5x	as long as short