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

BLUR

all BLUR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Hyperliquid against BingX−0.135%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.139%−$14 on $10k
Price spread, last 7 days+0.096%+$10 · spread now −0.135%, 7d avg −0.056%
Together, before fees−0.043%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.079% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BLUR-USDT0.020060.0100pay 0.0050% / 4h3h 14m$13.7M
ShortHyperliquid BLUR0.020030.0100get 0.0013% / 1h14m 22s$1.4M$433K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: −0.135% → −0.056%
−$7.87
Slippage, 4 orders
−$85.04
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$111.91
Costs to cover
1.040%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Hyperliquid: live order book, 6 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, 9 min ago7.51 bp24.8 bp −$2570.8 bp −$708694.3 bp −$69.4K1019.6 bp −$509.8K
Sell Hyperliquid live order book, 6 min ago1.00 bp34.0 bp −$34doesn't fitdoesn'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−0.0736%1h0.02010+0.195%$13K$5K10xas long as short
Injective BLUR/USDC PERP+0.0033%1h0.01998−0.399%$1K$2125.5xas long as short
Hyperliquid BLURshort+0.0100%1h0.02003−0.135%$1.4M$433K3x
Aster BLURUSDT+0.0100%4h0.02000−0.278%$4K$3K5xas long as short
Binance BLURUSDT+0.0100%4h0.02007+0.037%$2.0M$3.5M50xas long as short
Bybit BLURUSDT+0.0100%8h0.02006−0.020%$1.3M$970K25xas long as short
OKX BLUR-USDT-SWAP+0.0100%4h0.020060.000%$982K$1.7M20xas long as short
MEXC BLUR_USDT+0.0100%4h0.02005−0.050%$1.1M$117K20xas long as short
KuCoin BLURUSDTM+0.0100%4h0.020060.000%$582K$100K30xas long as short
Bitget BLURUSDT+0.0100%4h0.02003−0.150%$828K$461K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BLUR-USDTlong+0.0100%4h0.02006long leg$13.7M
Variational Omni BLUR+0.0100%8h0.02000−0.290%$1K$849as long as short
BloFin BLUR-USDT+0.0120%4h0.01999−0.349%$353K$2K50xas long as short
dYdX BLUR-USD+0.0425%1h0.01999−0.349%$26K$3285xas long as short
Gate BLUR_USDT+0.0538%4h0.02007+0.050%$800K$260K50xas long as short