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 +0.005%

Price spread now: BingX against MEXC+0.100%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$680.679% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days−0.071%−$7 · spread now +0.100%, 7d avg +0.026%

Together, before fees−0.017%−$2 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: BingX is 0.074% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BLUR_USDT	0.01995	0.0100	pay 0.0050% / 4h	18m 49s	$1.0M	$116K	20x
Short	BingX BLUR-USDT	0.01997	0.0100	get 0.0050% / 4h	18m 49s	—	$13.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.100%Rate

Funding earned: $0
Price spread: +0.100% → +0.026%: $7.43
Slippage, 4 orders: −$53.92
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$60.49
Costs to cover: 0.679%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; BingX: 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 MEXC live order book, 2 min ago	2.50 bp	4.5 bp −$5	27.1 bp −$271	124.2 bp −$12.4K	167.7 bp −$83.8K
Sell BingX live order book, 4 min ago	7.52 bp	31.6 bp −$32	75.4 bp −$754	701.7 bp −$70.2K	1107.3 bp −$553.6K

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	+0.150%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0094%	4h	0.01997	+0.100%	$364K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01997	+0.085%	$1.4M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01996	+0.052%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01997	+0.100%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01998	+0.130%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01997	+0.100%	$985K	$1.7M	20x	as long as short
MEXC BLUR_USDTlong	+0.0100%	4h	0.01995	long leg	$1.0M	$116K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.01997	+0.100%	$580K	$126K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01999	+0.201%	$827K	$496K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDTshort	+0.0100%	4h	0.01997	+0.100%	—	$13.3M	—
Variational Omni BLUR	+0.0100%	8h	0.01993	−0.089%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0318%	4h	0.01998	+0.150%	$799K	$264K	50x	as long as short
dYdX BLUR-USD	+0.0560%	1h	0.01997	+0.080%	$26K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.5449%	1h	0.02002	+0.375%	$12K	$8K	10x	as long as short