Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.005%

Price spread now: Variational Omni against BingX+0.014%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Variational Omni

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BLUR-USDT	0.01967	0.0200	pay 0.0100% / 4h	2h 15m	—	$13.3M	—
Short	Variational Omni BLUR	0.01967	0.0100	get 0.0100% / 8h	2h 15m	$1K	$849	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BingXbpFee Variational OmnibpOrdersPrice spread, now +0.014%Rate

Funding earned: −$21
Price spread: +0.014% → 0.000%: $1.4
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$29.6
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: 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 BingX live order book, 8 min ago	7.66 bp	24.2 bp −$24	63.6 bp −$636	639.8 bp −$64.0K	960.5 bp −$480.3K
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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	+1.576%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0071%	4h	0.01968	+0.051%	$363K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01968	+0.036%	$1.3M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01965	−0.112%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01968	+0.060%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01968	+0.025%	$1.2M	$933K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01967	0.000%	$968K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01967	0.000%	$1.0M	$120K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01967	0.000%	$566K	$126K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01968	+0.051%	$770K	$552K	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 BLURshort	+0.0100%	8h	0.01967	+0.014%	$1K	$849	—
Gate BLUR_USDT	+0.0104%	4h	0.01969	+0.102%	$791K	$258K	50x	as long as short
BingX BLUR-USDTlong	+0.0200%	4h	0.01967	long leg	—	$13.3M	—
dYdX BLUR-USD	+0.1695%	1h	0.01964	−0.142%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3168%	1h	0.01977	+0.520%	$11K	$8K	10x	as long as short