Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.009%

Price spread now: Injective against BloFin+0.756%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Injective

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

The price spread pays, funding is against you. Injective is 0.756% dearer against BloFin than usual: you sell high and buy low (spread +0.756% now, against zero (this spread has no 7-day history yet)): +$76 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BLUR-USDT	0.01983	0.0062	pay 0.0031% / 4h	3h 08m	$94K	$2K	50x
Short	Injective BLUR/USDC PERP	0.01998	0.0033	get 0.0004% / 1h	8m 19s	$1K	$212	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.756%Rate

Funding earned: −$5.97
Price spread: +0.756% → 0.000%: $75.64
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $57.65
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 4 min ago; Injective: 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, 4 min ago	2.52 bp	18.5 bp −$19	46.8 bp −$468	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Injective BLUR/USDC PERPshort	+0.0033%	1h	0.01998	+0.756%	$1K	$212	5.5x
BloFin BLUR-USDTlong	+0.0062%	4h	0.01983	long leg	$94K	$2K	50x
Hyperliquid BLUR	+0.0100%	1h	0.01980	−0.126%	$1.3M	$423K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01982	−0.070%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01981	−0.101%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01980	−0.171%	$1.2M	$991K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01981	−0.101%	$983K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01983	0.000%	$794K	$252K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01981	−0.101%	$1.0M	$118K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01983	0.000%	$571K	$129K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDT	+0.0100%	4h	0.01982	−0.050%	$817K	$496K	50x	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01986	+0.148%	$1K	$849	—	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01980	−0.151%	—	$13.3M	—	as long as short
dYdX BLUR-USD	+0.0263%	1h	0.01984	+0.032%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3732%	1h	0.01991	+0.387%	$12K	$6K	10x	as long as short