Funding arb · Price arb /

BLUR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0129%/8h= +14.2% APRpaid last 24h +0.146%

Price spread now: dYdX against Bitget+0.094%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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 +$4 a day on $10k at the current rate, and dYdX is 0.094% dearer against Bitget than usual: you sell high and buy low: +$9 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	Bitget BLURUSDT	0.01993	0.0100	pay 0.0050% / 4h	2h 11m	$823K	$420K	50x
Short	dYdX BLUR-USD	0.01995	0.0229	get 0.0029% / 1h	11m 27s	$26K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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 BitgetbpFee dYdXbpOrdersPrice spread, now +0.094%Rate

Funding earned: $27.19
Price spread: +0.094% → 0.000%: $9.43
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: $14.62
Costs to cover: 0.220%
Break-even: 3.2 days

Slippage unknown: Bitget: live order book, 9 min ago; dYdX: 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 Bitget live order book, 9 min ago	10.02 bp	25.9 bp −$26	266.0 bp −$2,660	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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_BLURUSD	+0.0014%	1h	0.01995	+0.124%	$12K	$7K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.251%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0091%	4h	0.01991	−0.100%	$366K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01991	−0.110%	$1.3M	$399K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01993	+0.013%	$4K	$2K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01994	+0.025%	$2.0M	$3.4M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01994	+0.040%	$1.3M	$970K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01993	0.000%	$956K	$1.6M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01994	+0.050%	$794K	$249K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01993	0.000%	$1.1M	$119K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BLURUSDTM	+0.0100%	4h	0.01997	+0.201%	$586K	$96K	30x	as long as short
Bitget BLURUSDTlong	+0.0100%	4h	0.01993	long leg	$823K	$420K	50x
BingX BLUR-USDT	+0.0100%	4h	0.01994	+0.050%	—	$13.3M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01991	−0.100%	$1K	$407	—	as long as short
dYdX BLUR-USDshort	+0.0229%	1h	0.01995	+0.094%	$26K	—	5x