Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.3612%/8h= +395.5% APRpaid last 24h −0.766%

Price spread now: Kraken Futures against BingX+0.372%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

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 for this trade now. Funding pays +$108 a day on $10k at the current rate, and Kraken Futures is 0.372% dearer against BingX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BLUR-USDT	0.01994	0.0100	pay 0.0050% / 4h	3h 58m	—	$13.3M	—
Short	Kraken Futures PF_BLURUSD	0.02001	0.3712	get 0.0464% / 1h	58m 08s	$12K	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.372%Rate

Funding earned: $758.54
Price spread: +0.372% → 0.000%: $37.21
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $775.75
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: BingX: live order book, 5 min ago; Kraken Futures: 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, 5 min ago	7.51 bp	25.3 bp −$25	65.5 bp −$655	622.2 bp −$62.2K	943.8 bp −$471.9K
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
dYdX BLUR-USD	0.0000%	1h	0.01993	−0.070%	$26K	$328	5x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.201%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0042%	4h	0.01991	−0.150%	$366K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01991	−0.125%	$1.4M	$429K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01993	−0.049%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01993	−0.035%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01994	+0.015%	$1.2M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01994	0.000%	$989K	$1.7M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01996	+0.100%	$798K	$250K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01992	−0.100%	$1.0M	$114K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BLURUSDTM	+0.0100%	4h	0.01994	0.000%	$574K	$130K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01994	0.000%	$823K	$501K	50x	as long as short
BingX BLUR-USDTlong	+0.0100%	4h	0.01994	long leg	—	$13.3M	—
Variational Omni BLUR	+0.0100%	8h	0.01998	+0.196%	$1K	$849	—	as long as short
Kraken Futures PF_BLURUSDshort	+0.3712%	1h	0.02001	+0.372%	$12K	$6K	10x