Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.135%

Price spread now: Bitget against dYdX+0.469%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 Bitget

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 pays, funding is against you. Bitget is 0.469% dearer against dYdX than usual: you sell high and buy low (spread +0.469% now, against zero (this spread has no 7-day history yet)): +$47 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 47 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BLUR-USD	0.01988	0.0133	pay 0.0017% / 1h	35m 18s	$26K	$328	5x
Short	Bitget BLURUSDT	0.01997	0.0100	get 0.0050% / 4h	3h 35m	$828K	$452K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.469%Rate

Funding earned: −$6.95
Price spread: +0.469% → 0.000%: $46.88
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $17.93
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Bitget: live order book, 35 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 Bitget live order book, 35 min ago	7.47 bp	32.5 bp −$32	181.3 bp −$1,813	doesn't fit	doesn't fit

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	−0.0740%	1h	0.01999	+0.556%	$13K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.519%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0082%	4h	0.01988	+0.016%	$350K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01992	+0.227%	$1.4M	$434K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01990	+0.098%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01993	+0.284%	$2.0M	$3.5M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01994	+0.293%	$1.3M	$968K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01999	+0.569%	$979K	$1.6M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01992	+0.217%	$1.1M	$116K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01993	+0.268%	$578K	$102K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDTshort	+0.0100%	4h	0.01997	+0.469%	$828K	$452K	50x
BingX BLUR-USDT	+0.0100%	4h	0.01992	+0.217%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01991	+0.164%	$1K	$849	—	as long as short
dYdX BLUR-USDlong	+0.0133%	1h	0.01988	long leg	$26K	$328	5x
Gate BLUR_USDT	+0.0416%	4h	0.01994	+0.318%	$795K	$254K	50x	as long as short