BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.3679%/8h= +402.9% APRnext payment +$4.60 per $10,000 · paid last 24h +0.319%

Price spread now: Hyperliquid against Kraken Futures−0.263%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 Hyperliquid

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

Funding pays, the price is against you. Hyperliquid is 0.263% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.263% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 6 hours of funding at the current rate (+$110 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BLURUSD	0.02001	−0.3579	get 0.0447% / 1h	30m 48s	$13K	$6K	10x
Short	Hyperliquid BLUR	0.01996	0.0100	get 0.0013% / 1h	30m 48s	$1.4M	$436K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now −0.263%Rate

Funding earned: $772.63
Price spread: −0.263% → 0.000%: −$26.34
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $727.29
Costs to cover: 0.190%
Break-even: 0.4 days

Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 10 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 10 min ago	1.00 bp	27.4 bp −$27	doesn't fit	doesn't fit	doesn't fit

Kraken Futures: 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_BLURUSDlong	−0.3579%	1h	0.02001	long leg	$13K	$6K	10x
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.168%	$1K	$212	5.5x	as long as short
Hyperliquid BLURshort	+0.0100%	1h	0.01996	−0.263%	$1.4M	$436K	3x
Aster BLURUSDT	+0.0100%	4h	0.01998	−0.145%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01997	−0.217%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01998	−0.178%	$1.3M	$997K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01998	−0.168%	$989K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01996	−0.268%	$1.1M	$115K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02000	−0.068%	$585K	$106K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01998	−0.168%	$825K	$480K	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	0.01998	−0.168%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02002	+0.013%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0382%	4h	0.01998	−0.168%	$797K	$266K	50x	as long as short
dYdX BLUR-USD	+0.0619%	1h	0.02002	+0.015%	$26K	$328	5x	as long as short