Funding arb · Price arb /

BLUR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0233%/8h= +25.5% APRpaid last 24h +0.133%

Price spread now: dYdX against KuCoin+0.081%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on dYdX

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—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and dYdX is 0.081% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread 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	KuCoin BLURUSDTM	0.01986	0.0100	pay 0.0050% / 4h	2h 02m	$582K	$108K	30x
Short	dYdX BLUR-USD	0.01988	0.0333	get 0.0042% / 1h	2m 08s	$26K	$328	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against KuCoin. 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 KuCoinbpFee dYdXbpOrdersPrice spread, now +0.081%Rate

Funding earned: $48.88
Price spread: +0.081% → 0.000%: $8.07
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: $34.95
Costs to cover: 0.220%
Break-even: 2.0 days

Slippage unknown: KuCoin: live order book, 36 min ago; dYdX: 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 KuCoin live order book, 36 min ago	15.07 bp	571.8 bp −$572	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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 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	0.01987	+0.069%	$13K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.604%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01985	−0.060%	$1.4M	$436K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01986	−0.012%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01986	0.000%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01985	−0.045%	$1.3M	$997K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01986	0.000%	$980K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01985	−0.050%	$1.0M	$121K	20x	as long as short
KuCoin BLURUSDTMlong	+0.0100%	4h	0.01986	long leg	$582K	$108K	30x
Bitget BLURUSDT	+0.0100%	4h	0.01986	0.000%	$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	−0.050%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01983	−0.136%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0170%	4h	0.01987	+0.050%	$792K	$269K	50x	as long as short
dYdX BLUR-USDshort	+0.0333%	1h	0.01988	+0.081%	$26K	$328	5x