Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against Binance+0.097%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1021.016% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 7 days−0.087%−$9 · spread now +0.097%, 7d avg +0.012%

Together, before fees−0.031%−$3 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 0.085% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BLURUSDT	0.02005	0.0100	pay 0.0050% / 4h	2h 39m	$1.9M	$3.2M	50x
Short	BingX BLUR-USDT	0.02007	0.0100	get 0.0050% / 4h	2h 39m	—	$13.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.097%Rate

Funding earned: $0
Price spread: +0.097% → +0.012%: $8.5
Slippage, 4 orders: −$81.56
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$93.06
Costs to cover: 1.016%
Break-even: never at this rate

Slippage from Binance: live order book, 12 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 Binance live order book, 12 min ago	2.50 bp	22.5 bp −$22	100.5 bp −$1,005	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	7.48 bp	31.5 bp −$31	77.6 bp −$776	676.9 bp −$67.7K	1015.1 bp −$507.5K

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	+0.0014%	1h	0.02007	+0.099%	$12K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01880	−6.237%	$1K	$18K	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02004	−0.033%	$1.4M	$187K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02006	+0.052%	$4K	$2K	5x	as long as short
Binance BLURUSDTlong	+0.0100%	4h	0.02005	long leg	$1.9M	$3.2M	50x
Bybit BLURUSDT	+0.0100%	8h	0.02005	+0.017%	$1.3M	$951K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02004	−0.053%	$959K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.02009	+0.197%	$797K	$244K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02005	−0.003%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02006	+0.047%	$588K	$96K	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	0.02007	+0.097%	$828K	$415K	50x	as long as short
BingX BLUR-USDTshort	+0.0100%	4h	0.02007	+0.097%	—	$13.2M	—
Variational Omni BLUR	+0.0100%	8h	0.02007	+0.075%	$1K	$2	—	as long as short
dYdX BLUR-USD	+0.0110%	1h	0.02004	−0.053%	$26K	—	5x	as long as short
BloFin BLUR-USDT	+0.0126%	4h	0.02008	+0.147%	$348K	$2K	50x	as long as short