BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.010%

Price spread now: Injective against Hyperliquid+0.767%7-day average — · you sell dearer than you buy

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

Long on Hyperliquid 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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 0.767% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.767% now, against zero (this spread has no 7-day history yet)): +$77 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BLUR	0.01983	0.0100	pay 0.0013% / 1h	10m 47s	$1.3M	$438K	3x
Short	Injective BLUR/USDC PERP	0.01998	0.0033	get 0.0004% / 1h	10m 47s	$1K	$212	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.767%Rate

Funding earned: −$14
Price spread: +0.767% → 0.000%: $76.66
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $53.64
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago	1.76 bp	19.9 bp −$20	doesn't fit	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 14 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	−0.3604%	1h	0.01988	+0.243%	$13K	$6K	10x	as long as short
Injective BLUR/USDC PERPshort	+0.0033%	1h	0.01998	+0.767%	$1K	$212	5.5x
Hyperliquid BLURlong	+0.0100%	1h	0.01983	long leg	$1.3M	$438K	3x
Aster BLURUSDT	+0.0100%	4h	0.01987	+0.212%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01984	+0.071%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01983	+0.015%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01984	+0.061%	$978K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01984	+0.061%	$1.0M	$121K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01986	+0.161%	$582K	$108K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01985	+0.111%	$819K	$485K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01985	+0.111%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01985	+0.098%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0248%	4h	0.01989	+0.313%	$793K	$268K	50x	as long as short
dYdX BLUR-USD	+0.0387%	1h	0.01988	+0.242%	$26K	$328	5x	as long as short