Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin−0.151%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1091.094% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.151%, 7d avg −0.058%

Together, before fees+0.328%+$33 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 0.093% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BLURUSDTM	0.01984	0.0100	pay 0.0050% / 4h	3h 07m	$571K	$129K	30x
Short	MEXC BLUR_USDT	0.01981	0.0100	get 0.0050% / 4h	3h 07m	$1.0M	$118K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now −0.151%Rate

Funding earned: $0
Price spread: −0.151% → −0.058%: −$9.3
Slippage, 4 orders: −$93.38
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$118.68
Costs to cover: 1.094%
Break-even: never at this rate

Slippage from KuCoin: live order book, 66 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 KuCoin live order book, 66 min ago	9.98 bp	53.9 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.52 bp	4.5 bp −$5	21.4 bp −$214	122.7 bp −$12.3K	179.6 bp −$89.8K

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	+0.706%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01981	−0.126%	$1.3M	$423K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01981	−0.142%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01982	−0.101%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01980	−0.181%	$1.2M	$990K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01981	−0.151%	$983K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01983	−0.050%	$794K	$252K	50x	as long as short
MEXC BLUR_USDTshort	+0.0100%	4h	0.01981	−0.151%	$1.0M	$118K	20x
KuCoin BLURUSDTMlong	+0.0100%	4h	0.01984	long leg	$571K	$129K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01982	−0.101%	$817K	$495K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BLUR	+0.0100%	8h	0.01986	+0.097%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0105%	4h	0.01983	−0.050%	$350K	$2K	50x	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01980	−0.202%	—	$13.3M	—	as long as short
dYdX BLUR-USD	+0.0258%	1h	0.01984	−0.018%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3735%	1h	0.01989	+0.264%	$12K	$6K	10x	as long as short