BLUR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%

Price spread now: Hyperliquid against Injective−0.365%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Hyperliquid is 0.365% cheaper against Injective than usual: you would sell low and buy high (spread −0.365% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 18 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BLUR/USDC PERP	0.01998	0.0033	pay 0.0004% / 1h	24m 42s	$1K	$212	5.5x
Short	Hyperliquid BLUR	0.01991	0.0100	get 0.0013% / 1h	24m 42s	$1.3M	$394K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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 InjectivebpFee HyperliquidbpOrdersPrice spread, now −0.365%Rate

Funding earned: $14
Price spread: −0.365% → 0.000%: −$36.54
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$31.56
Costs to cover: 0.090%
Break-even: 22.8 days

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 6 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 6 min ago	0.50 bp	7.9 bp −$8	doesn't fit	doesn't fit	doesn't fit

Injective: 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	+0.0014%	1h	0.01979	−0.954%	$12K	$6K	10x	as long as short
Injective BLUR/USDC PERPlong	+0.0033%	1h	0.01998	long leg	$1K	$212	5.5x
Hyperliquid BLURshort	+0.0100%	1h	0.01991	−0.365%	$1.3M	$394K	3x
Aster BLURUSDT	+0.0100%	4h	0.01991	−0.334%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01993	−0.250%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01993	−0.255%	$1.3M	$964K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01990	−0.400%	$956K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01994	−0.200%	$794K	$249K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01993	−0.250%	$1.1M	$118K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01992	−0.300%	$585K	$96K	30x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BLURUSDT	+0.0100%	4h	0.01991	−0.350%	$822K	$419K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.01991	−0.350%	—	$13.3M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01993	−0.264%	$1K	$2	—	as long as short
dYdX BLUR-USD	+0.0133%	1h	0.01986	−0.601%	$26K	—	5x	as long as short
BloFin BLUR-USDT	+0.0159%	4h	0.01990	−0.400%	$359K	$2K	50x	as long as short