Funding arb · Price arb /

BLUR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against Hyperliquid−0.058%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on Aster

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—+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.058% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BLUR	0.01992	0.0100	pay 0.0013% / 1h	51m 46s	$1.4M	$433K	3x
Short	Aster BLURUSDT	0.01990	0.0100	get 0.0050% / 4h	2h 51m	$4K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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 HyperliquidbpFee AsterbpOrdersPrice spread, now −0.058%Rate

Funding earned: $0
Price spread: −0.058% → 0.000%: −$5.83
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$22.83
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 9 min ago; Aster: 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 Hyperliquid live order book, 9 min ago	1.76 bp	18.8 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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	−0.3592%	1h	0.01994	+0.137%	$13K	$6K	10x	as long as short
dYdX BLUR-USD	0.0000%	1h	0.01989	−0.146%	$26K	$328	5x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.321%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0060%	4h	0.01981	−0.532%	$370K	$2K	50x	as long as short
Hyperliquid BLURlong	+0.0100%	1h	0.01992	long leg	$1.4M	$433K	3x
Aster BLURUSDTshort	+0.0100%	4h	0.01990	−0.058%	$4K	$3K	5x
Binance BLURUSDT	+0.0100%	4h	0.01993	+0.070%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01994	+0.105%	$1.3M	$985K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01995	+0.171%	$981K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01992	+0.020%	$1.1M	$114K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BLURUSDTM	+0.0100%	4h	0.01994	+0.121%	$579K	$101K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01993	+0.070%	$823K	$472K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.01993	+0.070%	—	$13.7M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01979	−0.620%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0284%	4h	0.01991	−0.030%	$794K	$260K	50x	as long as short