Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.5342%/8h= −585.0% APRpaid last 24h +0.761%

Price spread now: Aster against Kraken Futures−0.545%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$160 a day on $10k at the current rate, and Aster is 0.545% cheaper against Kraken Futures than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BLURUSD	0.02005	0.5442	pay 0.0680% / 1h	1m 08s	$12K	$6K	10x
Short	Aster BLURUSDT	0.01994	0.0100	get 0.0050% / 4h	1m 08s	$5K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now −0.545%Rate

Funding earned: −$1,121.85
Price spread: −0.545% → 0.000%: −$54.5
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$1,194.35
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Kraken Futures and 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
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.353%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01997	−0.418%	$1.4M	$427K	3x	as long as short
Aster BLURUSDTshort	+0.0100%	4h	0.01994	−0.545%	$5K	$4K	5x
Binance BLURUSDT	+0.0100%	4h	0.01993	−0.606%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01998	−0.373%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01999	−0.303%	$988K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01997	−0.403%	$1.0M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01997	−0.403%	$583K	$126K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01999	−0.303%	$827K	$496K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.01995	−0.503%	—	$13.3M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BLUR	+0.0100%	8h	0.01998	−0.358%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0158%	4h	0.02000	−0.253%	$369K	$2K	50x	as long as short
Gate BLUR_USDT	+0.0416%	4h	0.01998	−0.353%	$799K	$265K	50x	as long as short
dYdX BLUR-USD	+0.0487%	1h	0.01997	−0.421%	$26K	$328	5x	as long as short
Kraken Futures PF_BLURUSDlong	+0.5442%	1h	0.02005	long leg	$12K	$6K	10x