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

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.011%
Price spread now: BloFin against BingX+0.405%96s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$960.963% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.405%, 7d avg −0.003%
Together, before fees−0.032%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.407% dearer against BingX than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BLUR-USDT0.019770.0100pay 0.0050% / 4h2h 55m$3.4M
ShortBloFin BLUR-USDT0.019850.0128get 0.0064% / 4h2h 55m$273K$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$5.79
Price spread: +0.405% → −0.003%
$40.74
Slippage, 4 orders
−$74.27
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$49.74
Costs to cover
0.963%
Break-even
67.1 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 61 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 BingX live order book, 4 min ago7.56 bp30.2 bp −$3062.6 bp −$626674.2 bp −$67.4K1037.8 bp −$518.9K
Sell BloFin live order book, 61 min ago7.56 bp20.5 bp −$2060.6 bp −$606doesn'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
dYdX BLUR-USD0.0000%1h0.01985+0.410%$25K$3285xas long as short
Injective BLUR/USDC PERP+0.0033%1h0.01998+1.062%$1K$2125.5xas long as short
Hyperliquid BLUR+0.0100%1h0.01980+0.157%$1.3M$414K3xas long as short
Aster BLURUSDT+0.0100%4h0.01981+0.198%$5K$4K5xas long as short
Binance BLURUSDT+0.0100%4h0.01978+0.072%$2.0M$3.6M50xas long as short
Bybit BLURUSDT+0.0100%8h0.01977−0.025%$1.2M$890K25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.019770.000%$984K$1.6M20xas long as short
Gate BLUR_USDT+0.0100%4h0.01984+0.354%$797K$213K50xas long as short
MEXC BLUR_USDT+0.0100%4h0.01976−0.051%$987K$109K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.01981+0.202%$567K$127K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BLURUSDT+0.0100%4h0.019770.000%$773K$505K50xas long as short
BingX BLUR-USDTlong+0.0100%4h0.01977long leg$3.4M
Variational Omni BLUR+0.0100%8h0.01984+0.352%$1K$849as long as short
BloFin BLUR-USDTshort+0.0128%4h0.01985+0.405%$273K$3K50x
Kraken Futures PF_BLURUSD+0.2931%1h0.01989+0.626%$11K$8K10xas long as short