Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against OKX−0.050%7-day average +0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

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

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.050%, 7d avg +0.060%

Together, before fees+0.063%+$6 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: Bitget is 0.110% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BLUR-USDT-SWAP	0.02007	0.0100	pay 0.0050% / 4h	9m 13s	$977K	$1.7M	20x
Short	Bitget BLURUSDT	0.02006	0.0100	get 0.0050% / 4h	9m 13s	$829K	$439K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → +0.060%: −$10.95
Slippage, 4 orders: −$86.58
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$119.53
Costs to cover: 1.086%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 1 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	2.50 bp	25.4 bp −$25	641.0 bp −$6,410	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	7.47 bp	32.5 bp −$32	181.3 bp −$1,813	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
Kraken Futures PF_BLURUSD	−0.0627%	1h	0.02008	+0.049%	$12K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.448%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0096%	1h	0.02004	−0.164%	$1.4M	$428K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02001	−0.278%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02004	−0.125%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02005	−0.075%	$1.3M	$969K	25x	as long as short
OKX BLUR-USDT-SWAPlong	+0.0100%	4h	0.02007	long leg	$977K	$1.7M	20x
Gate BLUR_USDT	+0.0100%	4h	0.02005	−0.100%	$797K	$252K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02004	−0.149%	$1.1M	$118K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02006	−0.050%	$585K	$97K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDTshort	+0.0100%	4h	0.02006	−0.050%	$829K	$439K	50x
BingX BLUR-USDT	+0.0100%	4h	0.02003	−0.199%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02003	−0.191%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0158%	4h	0.02001	−0.299%	$354K	$2K	50x	as long as short
dYdX BLUR-USD	+0.1441%	1h	0.02004	−0.149%	$26K	$328	5x	as long as short