Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0355%/8h= +38.9% APRpaid last 24h +0.135%

Price spread now: dYdX against OKX−0.050%7-day average — · you buy dearer than you sell

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

Long on OKX Short on dYdX

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

Funding pays, the price is against you. dYdX is 0.050% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BLUR-USDT-SWAP	0.02010	0.0100	pay 0.0050% / 4h	3h 52m	$982K	$1.7M	20x
Short	dYdX BLUR-USD	0.02009	0.0455	get 0.0057% / 1h	52m 23s	$26K	$328	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.050%Rate

Funding earned: $74.58
Price spread: −0.050% → 0.000%: −$4.98
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $49.6
Costs to cover: 0.200%
Break-even: 2.3 days

Slippage unknown: OKX: live order book, 4 min ago; dYdX: no order-book sample. 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 OKX live order book, 4 min ago	2.48 bp	24.0 bp −$24	637.7 bp −$6,377	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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	−0.0735%	1h	0.02012	+0.090%	$12K	$5K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	−0.597%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0076%	4h	0.02006	−0.199%	$350K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.02010	0.000%	$1.4M	$432K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.02010	+0.020%	$4K	$3K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.02011	+0.046%	$2.0M	$3.5M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.02012	+0.075%	$1.3M	$975K	25x	as long as short
OKX BLUR-USDT-SWAPlong	+0.0100%	4h	0.02010	long leg	$982K	$1.7M	20x
MEXC BLUR_USDT	+0.0100%	4h	0.02011	+0.050%	$1.1M	$115K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.02013	+0.149%	$587K	$100K	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	0.02014	+0.199%	$834K	$441K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.02012	+0.100%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.02015	+0.265%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0184%	4h	0.02013	+0.149%	$800K	$244K	50x	as long as short
dYdX BLUR-USDshort	+0.0455%	1h	0.02009	−0.050%	$26K	$328	5x