Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.130%

Price spread now: BingX against dYdX+0.100%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on BingX

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

The price spread pays, funding is against you. BingX is 0.100% dearer against dYdX than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BLUR-USD	0.01999	0.0416	pay 0.0052% / 1h	15m 28s	$26K	$328	5x
Short	BingX BLUR-USDT	0.02001	0.0100	get 0.0050% / 4h	3h 15m	—	$13.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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 dYdXbpFee BingXbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$66.34
Price spread: +0.100% → 0.000%: $10.01
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$76.34
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; BingX: live order book, 8 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell BingX live order book, 8 min ago	7.51 bp	29.9 bp −$30	87.3 bp −$873	650.2 bp −$65.0K	982.8 bp −$491.4K

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	−0.0742%	1h	0.01994	−0.252%	$13K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.050%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02001	+0.085%	$1.4M	$433K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02000	+0.040%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02002	+0.165%	$2.0M	$3.5M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02003	+0.180%	$1.3M	$972K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02003	+0.200%	$982K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02001	+0.100%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02002	+0.150%	$581K	$100K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.02001	+0.100%	$828K	$461K	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-USDTshort	+0.0100%	4h	0.02001	+0.100%	—	$13.7M	—
Variational Omni BLUR	+0.0100%	8h	0.02000	+0.060%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0148%	4h	0.01992	−0.350%	$352K	$2K	50x	as long as short
dYdX BLUR-USDlong	+0.0416%	1h	0.01999	long leg	$26K	$328	5x
Gate BLUR_USDT	+0.0474%	4h	0.02003	+0.200%	$799K	$260K	50x	as long as short