Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.3873%/8h= +424.1% APRpaid last 24h −0.591%

Price spread now: Kraken Futures against Binance+0.282%7-day average — · you sell dearer than you buy

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

Long on Binance 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 for this trade now. Funding pays +$116 a day on $10k at the current rate, and Kraken Futures is 0.282% dearer against Binance than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BLURUSDT	0.01972	0.0100	pay 0.0050% / 4h	1h 48m	$2.0M	$3.7M	50x
Short	Kraken Futures PF_BLURUSD	0.01978	0.3973	get 0.0497% / 1h	48m 08s	$11K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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 BinancebpFee Kraken FuturesbpOrdersPrice spread, now +0.282%Rate

Funding earned: $813.29
Price spread: +0.282% → 0.000%: $28.16
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $821.46
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: 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 Binance live order book, 3 min ago	2.54 bp	20.4 bp −$20	88.5 bp −$885	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
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+1.318%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0074%	4h	0.01972	0.000%	$351K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01971	−0.076%	$1.3M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01971	−0.038%	$5K	$4K	5x	as long as short
Binance BLURUSDTlong	+0.0100%	4h	0.01972	long leg	$2.0M	$3.7M	50x
Bybit BLURUSDT	+0.0100%	8h	0.01972	0.000%	$1.2M	$936K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01973	+0.051%	$973K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01971	−0.051%	$1.0M	$115K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01972	0.000%	$567K	$126K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01972	0.000%	$770K	$548K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BLUR	+0.0100%	8h	0.01969	−0.128%	$1K	$849	—	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01973	+0.051%	—	$3.4M	—	as long as short
Gate BLUR_USDT	+0.0222%	4h	0.01973	+0.051%	$791K	$253K	50x	as long as short
dYdX BLUR-USD	+0.0859%	1h	0.01969	−0.169%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSDshort	+0.3973%	1h	0.01978	+0.282%	$11K	$8K	10x