Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.152%

Price spread now: Binance against dYdX−0.026%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 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

Funding pays, the price is against you. Binance is 0.026% cheaper against dYdX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BLUR-USD	0.01976	0	get 0.0000% / 1h	57m 14s	$25K	$328	5x
Short	Binance BLURUSDT	0.01975	0.0100	get 0.0050% / 4h	1h 57m	$2.0M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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 dYdXbpFee BinancebpOrdersPrice spread, now −0.026%Rate

Funding earned: $21
Price spread: −0.026% → 0.000%: −$2.56
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1.56
Costs to cover: 0.200%
Break-even: 7.5 days

Slippage unknown: dYdX: no order-book sample; Binance: live order book, 2 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	2.53 bp	21.3 bp −$21	104.4 bp −$1,044	doesn't fit	doesn't fit

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 exchanges

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
dYdX BLUR-USDlong	0.0000%	1h	0.01976	long leg	$25K	$328	5x
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+1.139%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0040%	4h	0.01975	−0.026%	$243K	$3K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01974	−0.086%	$1.3M	$410K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01975	−0.026%	$5K	$4K	5x	as long as short
Binance BLURUSDTshort	+0.0100%	4h	0.01975	−0.026%	$2.0M	$3.5M	50x
Bybit BLURUSDT	+0.0100%	8h	0.01973	−0.102%	$1.2M	$878K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01974	−0.076%	$974K	$1.5M	20x	as long as short
Gate BLUR_USDT	+0.0100%	4h	0.01977	+0.076%	$793K	$198K	50x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01974	−0.076%	$987K	$109K	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BLURUSDTM	+0.0100%	4h	0.01975	−0.026%	$566K	$126K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01975	−0.026%	$772K	$482K	50x	as long as short
BingX BLUR-USDT	+0.0100%	4h	0.01976	+0.025%	—	$3.4M	—	as long as short
Variational Omni BLUR	+0.0100%	8h	0.01973	−0.150%	$1K	$869	—	as long as short
Kraken Futures PF_BLURUSD	+0.0930%	1h	0.01978	+0.108%	$11K	$8K	10x	as long as short