Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0527%/8h= −57.7% APRpaid last 24h −0.158%

Price spread now: KuCoin against dYdX+0.010%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 KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BLUR-USD	0.01980	0.0627	pay 0.0078% / 1h	37m 58s	$25K	$328	5x
Short	KuCoin BLURUSDTM	0.01980	0.0100	get 0.0050% / 4h	37m 58s	$574K	$129K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$110.64
Price spread: +0.010% → 0.000%: $1.01
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$131.63
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 66 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 KuCoin live order book, 66 min ago	7.61 bp	268.0 bp −$268	doesn't fit	doesn't fit	doesn't fit

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
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.919%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01978	−0.076%	$1.3M	$424K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01978	−0.112%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01978	−0.071%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01978	−0.081%	$1.2M	$936K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01979	−0.040%	$988K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01978	−0.091%	$1.0M	$113K	20x	as long as short
KuCoin BLURUSDTMshort	+0.0100%	4h	0.01980	+0.010%	$574K	$129K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01979	−0.040%	$772K	$536K	50x	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01985	+0.271%	$1K	$849	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BLUR-USDT	+0.0129%	4h	0.01982	+0.111%	$303K	$3K	50x	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01979	−0.040%	—	$3.4M	—	as long as short
Gate BLUR_USDT	+0.0322%	4h	0.01981	+0.061%	$797K	$229K	50x	as long as short
dYdX BLUR-USDlong	+0.0627%	1h	0.01980	long leg	$25K	$328	5x
Kraken Futures PF_BLURUSD	+0.3241%	1h	0.01987	+0.371%	$11K	$8K	10x	as long as short