BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against Gate−0.100%48s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as 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−$1231.226% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.100%, 7d avg −0.018%

Together, before fees+0.152%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.082% cheaper against Gate than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.018%). If the spread goes back, that is −$8 on $10k: about 9.5 days of funding at the current rate (+$1 a day). The two prices were read 48 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	Gate BLUR_USDT	0.02005	0.0100	pay 0.0050% / 4h	26m 18s	$798K	$251K	50x
Short	BloFin BLUR-USDT	0.02003	0.0129	get 0.0064% / 4h	26m 18s	$353K	$2K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.100%Rate

Funding earned: $6.04
Price spread: −0.100% → −0.018%: −$8.2
Slippage, 4 orders: −$95.58
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$124.74
Costs to cover: 1.226%
Break-even: 151.7 days

Slippage from Gate: live order book, 50 min ago; BloFin: live order book, 49 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 Gate live order book, 50 min ago	5.01 bp	44.9 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 49 min ago	2.51 bp	17.9 bp −$18	65.9 bp −$659	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	−0.075%	$12K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.349%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0089%	1h	0.02002	−0.150%	$1.4M	$426K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02002	−0.131%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02002	−0.131%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02004	−0.050%	$1.3M	$968K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02001	−0.200%	$974K	$1.6M	20x	as long as short
Gate BLUR_USDTlong	+0.0100%	4h	0.02005	long leg	$798K	$251K	50x
MEXC BLUR_USDT	+0.0100%	4h	0.02004	−0.050%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02004	−0.050%	$584K	$97K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDT	+0.0100%	4h	0.02004	−0.050%	$827K	$438K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.02004	−0.050%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02004	−0.074%	$1K	$849	—	as long as short
BloFin BLUR-USDTshort	+0.0129%	4h	0.02003	−0.100%	$353K	$2K	50x
dYdX BLUR-USD	+0.2183%	1h	0.02002	−0.165%	$26K	$328	5x	as long as short