BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h −0.016%

Price spread now: MEXC against Gate−0.101%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$930.930% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.101%, 7d avg −0.067%

Together, before fees−0.045%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.035% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.067%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BLUR_USDT	0.01974	0.0208	pay 0.0104% / 4h	20m 59s	$794K	$230K	50x
Short	MEXC BLUR_USDT	0.01972	0.0100	get 0.0050% / 4h	20m 59s	$1.0M	$114K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.101%Rate

Funding earned: −$22.68
Price spread: −0.101% → −0.067%: −$3.47
Slippage, 4 orders: −$74.04
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$119.19
Costs to cover: 0.930%
Break-even: never at this rate

Slippage from Gate: live order book, 16 min ago; MEXC: live order book, 5 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, 16 min ago	7.57 bp	39.7 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.53 bp	4.5 bp −$5	26.6 bp −$266	124.3 bp −$12.4K	173.8 bp −$86.9K

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	+1.216%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01972	−0.086%	$1.3M	$424K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01972	−0.089%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01972	−0.096%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01972	−0.106%	$1.2M	$929K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01973	−0.051%	$985K	$1.7M	20x	as long as short
MEXC BLUR_USDTshort	+0.0100%	4h	0.01972	−0.101%	$1.0M	$114K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.01972	−0.101%	$571K	$128K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01972	−0.101%	$770K	$534K	50x	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01973	−0.069%	$1K	$849	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BLUR-USDT	+0.0125%	4h	0.01970	−0.203%	$299K	$2K	50x	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01972	−0.101%	—	$3.4M	—	as long as short
Gate BLUR_USDTlong	+0.0208%	4h	0.01974	long leg	$794K	$230K	50x
dYdX BLUR-USD	+0.0350%	1h	0.01975	+0.031%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3259%	1h	0.01976	+0.110%	$11K	$8K	10x	as long as short