Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0142%/8h= +15.6% APRpaid last 24h +0.142%

Price spread now: dYdX against Gate+0.031%7-day average — · you sell dearer than you buy

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

Long on Gate Short on dYdX

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

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and dYdX is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 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	Gate BLUR_USDT	0.01974	0.0208	pay 0.0104% / 4h	21m 31s	$794K	$230K	50x
Short	dYdX BLUR-USD	0.01975	0.0350	get 0.0044% / 1h	21m 31s	$25K	$328	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Gate. 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 GatebpFee dYdXbpOrdersPrice spread, now +0.031%Rate

Funding earned: $29.9
Price spread: +0.031% → 0.000%: $3.07
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee dYdX: 5 bp × 2 orders: −$10
Net: $7.97
Costs to cover: 0.250%
Break-even: 5.1 days

Slippage unknown: Gate: live order book, 15 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 Gate live order book, 15 min ago	7.57 bp	39.7 bp −$40	doesn't fit	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
Injective BLUR/USDC PERP	+0.0033%	1h	0.01998	+1.216%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0059%	4h	0.01974	0.000%	$299K	$3K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01972	−0.106%	$1.3M	$424K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01972	−0.095%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01972	−0.101%	$2.0M	$3.6M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01972	−0.122%	$1.2M	$929K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01973	−0.051%	$985K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01971	−0.152%	$1.0M	$114K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01972	−0.101%	$571K	$128K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01972	−0.101%	$770K	$534K	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 BLUR	+0.0100%	8h	0.01973	−0.069%	$1K	$849	—	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01972	−0.101%	—	$3.4M	—	as long as short
Gate BLUR_USDTlong	+0.0208%	4h	0.01974	long leg	$794K	$230K	50x
dYdX BLUR-USDshort	+0.0350%	1h	0.01975	+0.031%	$25K	$328	5x
Kraken Futures PF_BLURUSD	+0.3259%	1h	0.01976	+0.110%	$11K	$8K	10x	as long as short