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% APRpaid last 24h +0.005%

Price spread now: BingX against Variational Omni+0.072%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.072% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it 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	Variational Omni BLUR	0.02007	0.0100	pay 0.0100% / 8h	2h 40m	$1K	$2	—
Short	BingX BLUR-USDT	0.02008	0.0100	get 0.0050% / 4h	2h 40m	—	$13.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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 Variational OmnibpFee BingXbpOrdersPrice spread, now +0.072%Rate

Funding earned: $0
Price spread: +0.072% → 0.000%: $7.18
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$2.82
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 3 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 Variational Omni no order-book sample	—	—	—	—	—
Sell BingX live order book, 3 min ago	7.48 bp	31.5 bp −$31	77.6 bp −$776	676.9 bp −$67.7K	1015.1 bp −$507.5K

Variational Omni: 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
Kraken Futures PF_BLURUSD	+0.0014%	1h	0.02008	+0.071%	$12K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01880	−6.307%	$1K	$18K	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02006	−0.013%	$1.4M	$188K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02006	−0.018%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02006	−0.028%	$1.9M	$3.2M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02006	−0.023%	$1.3M	$951K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.02005	−0.078%	$959K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.02010	+0.171%	$797K	$244K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.02006	−0.028%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02008	+0.072%	$588K	$96K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDT	+0.0100%	4h	0.02006	−0.028%	$828K	$413K	50x	as long as short
BingX BLUR-USDTshort	+0.0100%	4h	0.02008	+0.072%	—	$13.2M	—
Variational Omni BLURlong	+0.0100%	8h	0.02007	long leg	$1K	$2	—
dYdX BLUR-USD	+0.0116%	1h	0.02004	−0.128%	$26K	—	5x	as long as short
BloFin BLUR-USDT	+0.0151%	4h	0.02008	+0.072%	$357K	$2K	50x	as long as short