Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0876%/8h= +95.9% APRpaid last 24h +0.125%

Price spread now: dYdX against BloFin−0.063%92s7-day average — · you buy dearer than you sell

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

Long on BloFin 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 0.063% cheaper against BloFin than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$26 a day). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BLUR-USDT	0.01986	0.0101	pay 0.0051% / 4h	1h 31m	$361K	$2K	50x
Short	dYdX BLUR-USD	0.01985	0.0977	get 0.0122% / 1h	31m 33s	$26K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee BloFinbpFee dYdXbpOrdersPrice spread, now −0.063%Rate

Funding earned: $183.93
Price spread: −0.063% → 0.000%: −$6.33
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: $155.59
Costs to cover: 0.220%
Break-even: 1.1 days

Slippage unknown: BloFin: live order book, 48 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 BloFin live order book, 48 min ago	2.51 bp	14.2 bp −$14	48.5 bp −$485	doesn't fit	doesn't fit
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	−0.1292%	1h	0.01987	+0.045%	$12K	$5K	10x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01982	−0.186%	$1.3M	$409K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01984	−0.086%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01984	−0.082%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01985	−0.030%	$1.3M	$972K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01984	−0.101%	$949K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01987	+0.050%	$793K	$248K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01985	−0.050%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01987	+0.050%	$582K	$97K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01985	−0.050%	$820K	$426K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01986	0.000%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01991	+0.260%	$1K	$849	—	as long as short
BloFin BLUR-USDTlong	+0.0101%	4h	0.01986	long leg	$361K	$2K	50x
Injective BLUR/USDC PERP	+0.0799%	1h	0.01998	+0.604%	$1K	$212	5.5x	as long as short
dYdX BLUR-USDshort	+0.0977%	1h	0.01985	−0.063%	$26K	—	5x