Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against OKX−0.010%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1091.086% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.010%, 7d avg +0.034%

Together, before fees+0.050%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.044% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BLUR-USDT-SWAP	0.01995	0.0100	pay 0.0050% / 4h	28m 26s	$988K	$1.7M	20x
Short	Binance BLURUSDT	0.01995	0.0100	get 0.0050% / 4h	28m 26s	$2.0M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → +0.034%: −$4.42
Slippage, 4 orders: −$88.56
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$112.98
Costs to cover: 1.086%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Binance: live order book, 8 min ago.

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 OKX live order book, 3 min ago	2.51 bp	29.1 bp −$29	834.8 bp −$8,348	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	5.05 bp	26.5 bp −$27	110.9 bp −$1,109	doesn't fit	doesn't fit

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	+0.150%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0096%	4h	0.02002	+0.351%	$358K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01995	+0.005%	$1.4M	$437K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01997	+0.117%	$5K	$4K	5x	as long as short
Binance BLURUSDTshort	+0.0100%	4h	0.01995	−0.010%	$2.0M	$3.7M	50x
Bybit BLURUSDT	+0.0100%	8h	0.01996	+0.040%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAPlong	+0.0100%	4h	0.01995	long leg	$988K	$1.7M	20x
MEXC BLUR_USDT	+0.0100%	4h	0.01994	−0.050%	$1.0M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01998	+0.150%	$587K	$125K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01996	+0.050%	$826K	$497K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01997	+0.100%	—	$13.4M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01995	−0.015%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0266%	4h	0.01999	+0.201%	$800K	$263K	50x	as long as short
dYdX BLUR-USD	+0.0523%	1h	0.01986	−0.469%	$26K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.5417%	1h	0.02014	+0.967%	$13K	$8K	10x	as long as short