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

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.34 per $10,000 · paid last 24h +0.007%
Price spread now: BingX against BloFin+0.153%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$900.903% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 4 days (all we have)−0.250%−$25 · spread now +0.153%, 7d avg +0.001%
Together, before fees−0.179%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.152% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BLUR-USDT0.019550.0133pay 0.0066% / 4h2h 23m$356K$2K50x
ShortBingX BLUR-USDT0.019580.0200get 0.0100% / 4h2h 23m$13.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$14.08
Price spread: +0.153% → +0.001%
$15.24
Slippage, 4 orders
−$68.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$60.94
Costs to cover
0.903%
Break-even
37.3 days
Slippage from BloFin: live order book, 49 min ago; BingX: live order book, 15 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 BloFin live order book, 49 min ago2.52 bp18.5 bp −$1946.8 bp −$468doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago7.62 bp30.3 bp −$3073.4 bp −$734688.1 bp −$68.8K1070.8 bp −$535.4K

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+2.199%$1K$2125.5xas long as short
Hyperliquid BLUR+0.0100%1h0.01957+0.102%$1.3M$427K3xas long as short
Aster BLURUSDT+0.0100%4h0.01957+0.102%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01958+0.131%$2.0M$3.7M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01957+0.097%$1.2M$927K25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.01958+0.153%$962K$1.6M20xas long as short
Gate BLUR_USDT+0.0100%4h0.01959+0.205%$786K$257K50xas long as short
MEXC BLUR_USDT+0.0100%4h0.01956+0.051%$996K$120K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.01958+0.153%$563K$126K30xas long as short
Bitget BLURUSDT+0.0100%4h0.01957+0.102%$770K$548K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BLUR+0.0100%8h0.01953−0.093%$1K$849as long as short
BloFin BLUR-USDTlong+0.0133%4h0.01955long leg$356K$2K50x
BingX BLUR-USDTshort+0.0200%4h0.01958+0.153%$13.3M
dYdX BLUR-USD+0.1663%1h0.01956+0.051%$25K$3285xas long as short
Kraken Futures PF_BLURUSD+0.3189%1h0.01964+0.474%$11K$8K10xas long as short