Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bitget0.000%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1101.098% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$7 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now 0.000%, 7d avg −0.059%

Together, before fees−0.019%−$2 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: OKX is 0.059% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BLURUSDT	0.01985	0.0100	pay 0.0050% / 4h	2h 01m	$819K	$485K	50x
Short	OKX BLUR-USDT-SWAP	0.01985	0.0100	get 0.0050% / 4h	2h 01m	$980K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.059%: $5.94
Slippage, 4 orders: −$87.78
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$103.84
Costs to cover: 1.098%
Break-even: never at this rate

Slippage from Bitget: live order book, 64 min ago; OKX: live order book, 5 min ago.

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, 64 min ago	9.97 bp	30.8 bp −$31	248.8 bp −$2,488	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.52 bp	25.0 bp −$25	doesn't fit	doesn't fit	doesn't fit

BLUR on 14 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	−0.3604%	1h	0.01987	+0.120%	$13K	$6K	10x	as long as short
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+0.655%	$1K	$212	5.5x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01983	−0.091%	$1.4M	$436K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01986	+0.038%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01986	+0.038%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01985	−0.020%	$1.3M	$997K	25x	as long as short
OKX BLUR-USDT-SWAPshort	+0.0100%	4h	0.01985	0.000%	$980K	$1.7M	20x
MEXC BLUR_USDT	+0.0100%	4h	0.01985	0.000%	$1.0M	$121K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01986	+0.050%	$582K	$108K	30x	as long as short
Bitget BLURUSDTlong	+0.0100%	4h	0.01985	long leg	$819K	$485K	50x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BLUR-USDT	+0.0100%	4h	0.01985	0.000%	—	$13.5M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01983	−0.085%	$1K	$849	—	as long as short
Gate BLUR_USDT	+0.0164%	4h	0.01987	+0.101%	$792K	$269K	50x	as long as short
dYdX BLUR-USD	+0.0327%	1h	0.01988	+0.131%	$26K	$328	5x	as long as short