Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against OKX0.000%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1071.074% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.065%

Together, before fees+0.120%+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.065% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BLUR-USDT-SWAP	0.01995	0.0100	pay 0.0050% / 4h	1h 07m	$957K	$1.6M	20x
Short	BingX BLUR-USDT	0.01995	0.0100	get 0.0050% / 4h	1h 07m	—	$13.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.065%: −$6.5
Slippage, 4 orders: −$87.43
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$113.93
Costs to cover: 1.074%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; BingX: live order book, 11 min ago.

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 OKX live order book, 4 min ago	2.51 bp	27.4 bp −$27	631.9 bp −$6,319	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	7.52 bp	32.3 bp −$32	85.8 bp −$858	730.9 bp −$73.1K	1125.5 bp −$562.8K

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	−0.1285%	1h	0.01998	+0.151%	$12K	$5K	10x	as long as short
BloFin BLUR-USDT	+0.0068%	4h	0.01995	0.000%	$347K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01992	−0.130%	$1.4M	$416K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01994	−0.041%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01994	−0.050%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01995	+0.015%	$1.3M	$975K	25x	as long as short
OKX BLUR-USDT-SWAPlong	+0.0100%	4h	0.01995	long leg	$957K	$1.6M	20x
Gate BLUR_USDT	+0.0100%	4h	0.01996	+0.050%	$796K	$249K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01995	0.000%	$1.1M	$118K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01997	+0.100%	$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	0.01996	+0.050%	$824K	$429K	50x	as long as short
BingX BLUR-USDTshort	+0.0100%	4h	0.01995	0.000%	—	$13.2M	—
Variational Omni BLUR	+0.0100%	8h	0.01997	+0.079%	$1K	$849	—	as long as short
Injective BLUR/USDC PERP	+0.0799%	1h	0.01998	+0.150%	$1K	$212	5.5x	as long as short
dYdX BLUR-USD	+0.1039%	1h	0.01992	−0.150%	$26K	—	5x	as long as short