Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Binance0.000%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1031.029% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days+0.029%+$3 · spread now 0.000%, 7d avg −0.033%

Together, before fees−0.009%−$1 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: OKX is 0.033% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BLURUSDT	0.01969	0.0100	pay 0.0050% / 4h	1h 29m	$2.0M	$3.7M	50x
Short	OKX BLUR-USDT-SWAP	0.01969	0.0100	get 0.0050% / 4h	1h 29m	$971K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.033%: $3.32
Slippage, 4 orders: −$82.92
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$99.6
Costs to cover: 1.029%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; OKX: live order book, 2 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 Binance live order book, 6 min ago	2.54 bp	21.5 bp −$22	85.0 bp −$850	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.54 bp	37.4 bp −$37	doesn't fit	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	+1.473%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01968	−0.030%	$1.3M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01968	−0.058%	$5K	$4K	5x	as long as short
Binance BLURUSDTlong	+0.0100%	4h	0.01969	long leg	$2.0M	$3.7M	50x
Bybit BLURUSDT	+0.0100%	8h	0.01968	−0.036%	$1.2M	$931K	25x	as long as short
OKX BLUR-USDT-SWAPshort	+0.0100%	4h	0.01969	0.000%	$971K	$1.7M	20x
MEXC BLUR_USDT	+0.0100%	4h	0.01968	−0.051%	$1.0M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01969	0.000%	$566K	$127K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01968	−0.051%	$769K	$540K	50x	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01968	−0.066%	$1K	$849	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BLUR-USDT	+0.0106%	4h	0.01965	−0.203%	$328K	$2K	50x	as long as short
Gate BLUR_USDT	+0.0116%	4h	0.01970	+0.051%	$791K	$254K	50x	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01968	−0.051%	—	$3.4M	—	as long as short
dYdX BLUR-USD	+0.0370%	1h	0.01969	−0.017%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3981%	1h	0.01974	+0.236%	$11K	$8K	10x	as long as short