Settings8H · net · $10k
Funding arb · Price arb /

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment $0.56 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against BingX+0.410%111s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$900.903% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.410%, 7d avg −0.001%
Together, before fees−0.384%−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.411% dearer against BingX than usual: you sell high and buy low (spread +0.410% now, against its 7-day average of −0.001%): +$41 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.071% in total) that is about 40 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BLUR-USDT0.019530.0200pay 0.0100% / 4h2h 27m$13.3M
ShortBloFin BLUR-USDT0.019610.0089get 0.0044% / 4h2h 27m$365K$2K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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

Funding earned
−$23.34
Price spread: +0.410% → −0.001%
$41.06
Slippage, 4 orders
−$68.26
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$72.54
Costs to cover
0.903%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago7.62 bp23.6 bp −$2459.6 bp −$596678.0 bp −$67.8K1003.1 bp −$501.6K
Sell BloFin live order book, 45 min ago2.52 bp17.9 bp −$1847.5 bp −$475doesn't fitdoesn't fit

BLUR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BLUR/USDC PERP+0.0033%1h0.01998+2.304%$1K$2125.5xas long as short
BloFin BLUR-USDTshort+0.0089%4h0.01961+0.410%$365K$2K50x
Hyperliquid BLUR+0.0100%1h0.01954+0.041%$1.3M$427K3xas long as short
Aster BLURUSDT+0.0100%4h0.01955+0.106%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01955+0.102%$2.0M$3.7M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01953+0.005%$1.2M$925K25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.019530.000%$965K$1.6M20xas long as short
Gate BLUR_USDT+0.0100%4h0.01956+0.154%$784K$257K50xas long as short
MEXC BLUR_USDT+0.0100%4h0.01954+0.051%$995K$120K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.01956+0.154%$562K$126K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BLURUSDT+0.0100%4h0.01954+0.051%$769K$548K50xas long as short
Variational Omni BLUR+0.0100%8h0.01959+0.304%$1K$849as long as short
BingX BLUR-USDTlong+0.0200%4h0.01953long leg$13.3M
dYdX BLUR-USD+0.1871%1h0.01956+0.154%$25K$3285xas long as short
Kraken Futures PF_BLURUSD+0.3183%1h0.01968+0.773%$11K$8K10xas long as short