Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bitget−0.102%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1271.272% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 4 days (all we have)+0.195%+$19 · spread now −0.102%, 7d avg −0.052%

Together, before fees+0.164%+$16 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: OKX is 0.051% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BLURUSDT	0.01956	0.0100	pay 0.0050% / 4h	52m 41s	$763K	$413K	50x
Short	OKX BLUR-USDT-SWAP	0.01954	0.0100	get 0.0050% / 4h	52m 41s	$960K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now −0.102%Rate

Funding earned: $0
Price spread: −0.102% → −0.052%: −$5.07
Slippage, 4 orders: −$105.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$132.24
Costs to cover: 1.272%
Break-even: never at this rate

Slippage from Bitget: live order book, 51 min ago; OKX: live order book, 2 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 Bitget live order book, 51 min ago	7.65 bp	29.4 bp −$29	189.0 bp −$1,890	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	5.11 bp	30.9 bp −$31	doesn't fit	doesn't fit	doesn't fit

BLUR on 15 exchanges

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
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+2.147%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01954	−0.092%	$1.3M	$397K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01956	+0.020%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01955	−0.051%	$1.9M	$3.3M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01954	−0.107%	$1.2M	$816K	25x	as long as short
OKX BLUR-USDT-SWAPshort	+0.0100%	4h	0.01954	−0.102%	$960K	$1.4M	20x
Gate BLUR_USDT	+0.0100%	4h	0.01958	+0.102%	$786K	$172K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01955	−0.051%	$971K	$100K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01956	0.000%	$575K	$124K	30x	as long as short
Bitget BLURUSDTlong	+0.0100%	4h	0.01956	long leg	$763K	$413K	50x

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01955	−0.051%	—	$3.4M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01955	−0.032%	$1K	$869	—	as long as short
BloFin BLUR-USDT	+0.0137%	4h	0.01955	−0.051%	$220K	$4K	50x	as long as short
dYdX BLUR-USD	+0.0716%	1h	0.01956	0.000%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.0851%	1h	0.01959	+0.169%	$11K	$8K	10x	as long as short