Settings8H · net · $10k
Funding arb · Price arb /

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.005%
Price spread now: Hyperliquid against BingX−0.070%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$13 on $10k
Price spread, last 7 days+0.049%+$5 · spread now −0.070%, 7d avg −0.056%
Together, before fees−0.076%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BLUR-USDT0.019900.0200pay 0.0100% / 4h3h 36m$13.3M
ShortHyperliquid BLUR0.019890.0100get 0.0013% / 1h36m 16s$1.3M$429K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
−$21
Price spread: −0.070% → −0.056%
−$1.46
Slippage, 4 orders
−$89.24
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$130.69
Costs to cover
1.082%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Hyperliquid: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago7.53 bp27.4 bp −$2763.9 bp −$639693.5 bp −$69.4K1046.9 bp −$523.4K
Sell Hyperliquid live order book, 4 min ago1.01 bp34.8 bp −$35doesn't fitdoesn't fitdoesn't fit

BLUR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BLUR/USDC PERP+0.0033%1h0.01998+0.402%$1K$2125.5xas long as short
BloFin BLUR-USDT+0.0042%4h0.019900.000%$343K$2K50xas long as short
Hyperliquid BLURshort+0.0100%1h0.01989−0.070%$1.3M$429K3x
Aster BLURUSDT+0.0100%4h0.01990+0.005%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01989−0.044%$2.0M$3.7M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01989−0.040%$1.2M$1.0M25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.01989−0.050%$988K$1.7M20xas long as short
Gate BLUR_USDT+0.0100%4h0.01991+0.050%$797K$251K50xas long as short
MEXC BLUR_USDT+0.0100%4h0.01991+0.050%$1.0M$116K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.01992+0.101%$574K$132K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BLURUSDT+0.0100%4h0.01991+0.050%$822K$500K50xas long as short
Variational Omni BLUR+0.0100%8h0.01989−0.075%$1K$849as long as short
dYdX BLUR-USD+0.0102%1h0.01986−0.201%$26K$3285xas long as short
BingX BLUR-USDTlong+0.0200%4h0.01990long leg$13.3M
Kraken Futures PF_BLURUSD+0.3727%1h0.01994+0.179%$12K$6K10xas long as short