Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0566%/8h= −62.0% APRpaid last 24h −0.128%

Price spread now: BingX against dYdX+0.015%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BLUR-USD	0.01996	0.0666	pay 0.0083% / 1h	41m 45s	$26K	$328	5x
Short	BingX BLUR-USDT	0.01996	0.0100	get 0.0050% / 4h	2h 41m	—	$13.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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 dYdXbpFee BingXbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$118.81
Price spread: +0.015% → 0.000%: $1.5
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$137.31
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; BingX: live order book, 1 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 dYdX no order-book sample	—	—	—	—	—
Sell BingX live order book, 1 min ago	7.50 bp	30.3 bp −$30	80.7 bp −$807	705.4 bp −$70.5K	1088.0 bp −$544.0K

dYdX: 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	−0.3591%	1h	0.01995	−0.033%	$13K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.115%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01995	−0.045%	$1.4M	$437K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01996	+0.012%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01994	−0.105%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01994	−0.100%	$1.3M	$994K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01995	−0.035%	$990K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01993	−0.135%	$1.1M	$115K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01996	+0.015%	$585K	$105K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01995	−0.035%	$826K	$478K	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-USDTshort	+0.0100%	4h	0.01996	+0.015%	—	$13.5M	—
Variational Omni BLUR	+0.0100%	8h	0.01994	−0.103%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0119%	4h	0.01996	+0.015%	$364K	$2K	50x	as long as short
Gate BLUR_USDT	+0.0356%	4h	0.01999	+0.165%	$798K	$262K	50x	as long as short
dYdX BLUR-USDlong	+0.0666%	1h	0.01996	long leg	$26K	$328	5x