Settings8H · net · $10k
Funding arb · Price arb /

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against OKX+0.050%63s7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 3 days (all we have)+0.189%+$19 · spread now +0.050%, 7d avg +0.078%
Together, before fees+0.234%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.027% cheaper against OKX than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.078%). If the spread goes back, that is −$3 on $10k: about 2.9 days of funding at the current rate (+$1 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BLUR-USDT-SWAP0.019890.0100pay 0.0050% / 4h1h 46m$952K$1.6M20x
ShortBloFin BLUR-USDT0.019900.0132get 0.0066% / 4h1h 46m$351K$2K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$6.72
Price spread: +0.050% → +0.078%
−$2.75
Slippage, 4 orders
−$66.72
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$84.75
Costs to cover
0.887%
Break-even
95.3 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 6 min ago2.52 bp18.9 bp −$19522.3 bp −$5,223doesn't fitdoesn't fit
Sell BloFin live order book, 34 min ago2.51 bp21.4 bp −$2171.2 bp −$712doesn't fitdoesn't fit

BLUR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BLURUSD−0.1289%1h0.01991+0.080%$12K$5K10xas long as short
dYdX BLUR-USD+0.0062%1h0.01984−0.251%$26K5xas long as short
Hyperliquid BLUR+0.0100%1h0.01986−0.161%$1.3M$404K3xas long as short
Aster BLURUSDT+0.0100%4h0.01987−0.076%$4K$2K5xas long as short
Binance BLURUSDT+0.0100%4h0.01989−0.023%$2.0M$3.4M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01990+0.035%$1.3M$970K25xas long as short
OKX BLUR-USDT-SWAPlong+0.0100%4h0.01989long leg$952K$1.6M20x
Gate BLUR_USDT+0.0100%4h0.019890.000%$793K$247K50xas long as short
MEXC BLUR_USDT+0.0100%4h0.01988−0.050%$1.1M$116K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.01990+0.050%$583K$97K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BLURUSDT+0.0100%4h0.019890.000%$822K$423K50xas long as short
BingX BLUR-USDT+0.0100%4h0.019890.000%$13.2Mas long as short
Variational Omni BLUR+0.0100%8h0.01983−0.295%$1K$849as long as short
BloFin BLUR-USDTshort+0.0132%4h0.01990+0.050%$351K$2K50x
Injective BLUR/USDC PERP+0.0799%1h0.01998+0.452%$1K$2125.5xas long as short