Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0951%/8h= +104.1% APRpaid last 24h +0.117%

Price spread now: dYdX against BingX−0.514%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. dYdX is 0.514% cheaper against BingX than usual: you would sell low and buy high (spread −0.514% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 43 hours of funding at the current rate (+$29 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BLUR-USDT	0.01995	0.0100	pay 0.0050% / 4h	1h 22m	—	$13.2M	—
Short	dYdX BLUR-USD	0.01985	0.1051	get 0.0131% / 1h	22m 39s	$26K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against BingX. 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 BingXbpFee dYdXbpOrdersPrice spread, now −0.514%Rate

Funding earned: $199.72
Price spread: −0.514% → 0.000%: −$51.42
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $128.3
Costs to cover: 0.200%
Break-even: 2.5 days

Slippage unknown: BingX: live order book, 6 min ago; dYdX: 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 BingX live order book, 6 min ago	5.03 bp	25.4 bp −$25	60.7 bp −$607	683.5 bp −$68.3K	997.9 bp −$498.9K
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 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	−0.1287%	1h	0.01994	−0.027%	$12K	$5K	10x	as long as short
BloFin BLUR-USDT	+0.0042%	4h	0.01997	+0.100%	$355K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01994	−0.045%	$1.3M	$410K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01994	−0.042%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01997	+0.076%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01997	+0.115%	$1.3M	$973K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01996	+0.050%	$955K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01997	+0.100%	$797K	$249K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01996	+0.050%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01997	+0.100%	$585K	$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	0.01995	0.000%	$824K	$428K	50x	as long as short
BingX BLUR-USDTlong	+0.0100%	4h	0.01995	long leg	—	$13.2M	—
Variational Omni BLUR	+0.0100%	8h	0.01991	−0.188%	$1K	$849	—	as long as short
Injective BLUR/USDC PERP	+0.0799%	1h	0.01998	+0.150%	$1K	$212	5.5x	as long as short
dYdX BLUR-USDshort	+0.1051%	1h	0.01985	−0.514%	$26K	—	5x