Funding arb · Price arb /

BLUR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.6% APRpaid last 24h +0.007%

Price spread now: Variational Omni against BloFin−0.189%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Variational Omni

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: Variational Omni is 0.189% cheaper against BloFin than usual: you would sell low and buy high, −$19 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	BloFin BLUR-USDT	0.01997	0.0094	pay 0.0047% / 4h	18m 28s	$364K	$2K	50x
Short	Variational Omni BLUR	0.01993	0.0100	get 0.0100% / 8h	4h 18m	$1K	$849	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpFee Variational OmnibpOrdersPrice spread, now −0.189%Rate

Funding earned: $1.24
Price spread: −0.189% → 0.000%: −$18.87
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$29.63
Costs to cover: 0.120%
Break-even: 174.5 days

Slippage unknown: BloFin: live order book, 4 min ago; Variational Omni: no order-book sample. 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 BloFin live order book, 4 min ago	2.51 bp	25.7 bp −$26	58.3 bp −$583	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.050%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDTlong	+0.0094%	4h	0.01997	long leg	$364K	$2K	50x
Hyperliquid BLUR	+0.0100%	1h	0.01998	+0.050%	$1.4M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01997	−0.009%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01998	+0.050%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01998	+0.030%	$1.3M	$1.0M	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01997	0.000%	$986K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01997	0.000%	$1.0M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01998	+0.050%	$579K	$126K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01999	+0.100%	$827K	$496K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01998	+0.050%	—	$13.3M	—	as long as short
Variational Omni BLURshort	+0.0100%	8h	0.01993	−0.189%	$1K	$849	—
Gate BLUR_USDT	+0.0328%	4h	0.01998	+0.050%	$799K	$264K	50x	as long as short
dYdX BLUR-USD	+0.0546%	1h	0.01997	−0.020%	$26K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.5449%	1h	0.02002	+0.274%	$12K	$8K	10x	as long as short