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 −0.006%

Price spread now: Bybit against Variational Omni−0.235%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Bybit

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: Bybit is 0.235% cheaper against Variational Omni than usual: you would sell low and buy high, −$24 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	0.01989	0.0100	pay 0.0100% / 8h	1h 51m	$1K	$849	—
Short	Bybit BLURUSDT	0.01984	0.0100	get 0.0100% / 8h	1h 51m	$1.3M	$970K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.235%Rate

Funding earned: $0
Price spread: −0.235% → 0.000%: −$23.54
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$34.54
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago	4.27 bp	87.0 bp −$87	183.1 bp −$1,831	doesn't fit	doesn't fit

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	−0.1290%	1h	0.01989	+0.037%	$12K	$7K	10x	as long as short
dYdX BLUR-USD	0.0000%	1h	0.01991	+0.116%	$26K	—	5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01980	−0.411%	$1.3M	$401K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01985	−0.190%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01983	−0.281%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDTshort	+0.0100%	8h	0.01984	−0.235%	$1.3M	$970K	25x
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01984	−0.230%	$951K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01986	−0.130%	$791K	$246K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01983	−0.281%	$1.1M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01986	−0.130%	$582K	$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 BLURUSDT	+0.0100%	4h	0.01986	−0.130%	$821K	$420K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.01985	−0.180%	—	$13.3M	—	as long as short
Variational Omni BLURlong	+0.0100%	8h	0.01989	long leg	$1K	$849	—
BloFin BLUR-USDT	+0.0125%	4h	0.01983	−0.281%	$348K	$2K	50x	as long as short
Injective BLUR/USDC PERP	+0.0799%	1h	0.01998	+0.474%	$1K	$212	5.5x	as long as short