Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.010%
Price spread now: Injective against Binance−0.035%67s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.035% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BLURUSDT | 0.01999 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $2.0M | $3.7M | 50x |
| Short | Injective BLUR/USDC PERP | 0.01998 | 0.0033 | get 0.0004% / 1h | 30m 11s | $1K | $212 | 5.5x |
Binance BLURUSDT
Injective BLUR/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: −0.035% → 0.000%
- −$3.45
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$27.47
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.
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, 6 min ago | 2.50 bp | 25.8 bp −$26 | 118.0 bp −$1,180 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BLUR on 14 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 | −0.3578% | 1h | 0.02002 | +0.169% | $13K | $6K | 10x | as long as short |
| Injective BLUR/USDC PERPshort | +0.0033% | 1h | 0.01998 | −0.035% | $1K | $212 | 5.5x | |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01999 | +0.006% | $1.4M | $436K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01998 | −0.010% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDTlong | +0.0100% | 4h | 0.01999 | long leg | $2.0M | $3.7M | 50x | |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01998 | −0.010% | $1.3M | $997K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.02001 | +0.116% | $989K | $1.7M | 20x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01998 | −0.035% | $1.1M | $115K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.02000 | +0.066% | $585K | $106K | 30x | as long as short |
| Bitget BLURUSDT | +0.0100% | 4h | 0.01999 | +0.016% | $826K | $480K | 50x | as long as short |
Kraken Futures PF_BLURUSD
Hyperliquid BLUR
Aster BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BLUR-USDT | +0.0100% | 4h | 0.02000 | +0.066% | — | $13.5M | — | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.02002 | +0.148% | $1K | $849 | — | as long as short |
| Gate BLUR_USDT | +0.0364% | 4h | 0.01999 | +0.016% | $797K | $266K | 50x | as long as short |
| dYdX BLUR-USD | +0.0597% | 1h | 0.02002 | +0.150% | $26K | $328 | 5x | as long as short |
BingX BLUR-USDT
Variational Omni BLUR
Gate BLUR_USDT
dYdX BLUR-USD