Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.1387%/8h= −151.8% APRpaid last 24h −0.297%

Price spread now: Kraken Futures against OKX−0.117%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 Kraken Futures

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—needs both histories

Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and Kraken Futures is 0.117% cheaper against OKX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BLUR-USDT-SWAP	0.01997	0.0100	pay 0.0050% / 4h	1h 24m	$956K	$1.6M	20x
Short	Kraken Futures PF_BLURUSD	0.01995	−0.1287	pay 0.0161% / 1h	24m 02s	$12K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.117%Rate

Funding earned: −$291.21
Price spread: −0.117% → 0.000%: −$11.65
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$322.87
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 3 min ago; Kraken Futures: 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, 3 min ago	2.51 bp	22.5 bp −$23	711.2 bp −$7,112	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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_BLURUSDshort	−0.1287%	1h	0.01995	−0.117%	$12K	$5K	10x
Hyperliquid BLUR	+0.0100%	1h	0.01994	−0.145%	$1.3M	$410K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01994	−0.173%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01996	−0.050%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01997	+0.025%	$1.3M	$973K	25x	as long as short
OKX BLUR-USDT-SWAPlong	+0.0100%	4h	0.01997	long leg	$956K	$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	0.01996	−0.050%	$1.1M	$117K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01997	0.000%	$585K	$96K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01995	−0.100%	$824K	$428K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01994	−0.150%	—	$13.2M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01991	−0.288%	$1K	$849	—	as long as short
BloFin BLUR-USDT	+0.0111%	4h	0.01991	−0.300%	$355K	$2K	50x	as long as short
Injective BLUR/USDC PERP	+0.0799%	1h	0.01998	+0.050%	$1K	$212	5.5x	as long as short
dYdX BLUR-USD	+0.0880%	1h	0.01985	−0.614%	$26K	—	5x	as long as short