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 0.000%

Price spread now: Bitget against MEXC+0.100%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$850.852% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.100%, 7d avg +0.025%

Together, before fees−0.113%−$11 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: Bitget is 0.075% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BLUR_USDT	0.01992	0.0100	pay 0.0050% / 4h	24m 42s	$1.0M	$116K	20x
Short	Bitget BLURUSDT	0.01994	0.0100	get 0.0050% / 4h	24m 42s	$825K	$497K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.100%Rate

Funding earned: $0
Price spread: +0.100% → +0.025%: $7.53
Slippage, 4 orders: −$69.17
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$77.64
Costs to cover: 0.852%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 31 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, 1 min ago	2.51 bp	4.5 bp −$5	27.2 bp −$272	121.1 bp −$12.1K	160.8 bp −$80.4K
Sell Bitget live order book, 31 min ago	7.54 bp	36.8 bp −$37	305.4 bp −$3,054	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
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.301%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01992	0.000%	$1.4M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01994	+0.088%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01993	+0.053%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01993	+0.040%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01994	+0.100%	$984K	$1.7M	20x	as long as short
MEXC BLUR_USDTlong	+0.0100%	4h	0.01992	long leg	$1.0M	$116K	20x
KuCoin BLURUSDTM	+0.0100%	4h	0.01995	+0.151%	$580K	$125K	30x	as long as short
Bitget BLURUSDTshort	+0.0100%	4h	0.01994	+0.100%	$825K	$497K	50x
BingX BLUR-USDT	+0.0100%	4h	0.01993	+0.050%	—	$13.5M	—	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	0.01992	+0.004%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0141%	4h	0.01991	−0.050%	$353K	$2K	50x	as long as short
Gate BLUR_USDT	+0.0282%	4h	0.01996	+0.201%	$798K	$263K	50x	as long as short
dYdX BLUR-USD	+0.0637%	1h	0.01995	+0.132%	$26K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.5435%	1h	0.02008	+0.798%	$13K	$8K	10x	as long as short