Funding arb · Price arb /

BLUR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0788%/8h= +86.3% APRpaid last 24h +0.147%

Price spread now: dYdX against OKX+0.183%7-day average — · you sell dearer than you buy

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

Long on OKX 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 +$24 a day on $10k at the current rate, and dYdX is 0.183% dearer against OKX than usual: you sell high and buy low: +$18 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	OKX BLUR-USDT-SWAP	0.01972	0.0100	pay 0.0050% / 4h	1h 54m	$972K	$1.7M	20x
Short	dYdX BLUR-USD	0.01976	0.0888	get 0.0111% / 1h	54m 23s	$25K	$328	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against OKX. 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 OKXbpFee dYdXbpOrdersPrice spread, now +0.183%Rate

Funding earned: $165.52
Price spread: +0.183% → 0.000%: $18.28
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $163.8
Costs to cover: 0.200%
Break-even: 0.1 days

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	5.06 bp	24.4 bp −$24	856.5 bp −$8,565	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	+1.318%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0045%	4h	0.01974	+0.101%	$359K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01971	−0.041%	$1.3M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01972	+0.013%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01972	+0.013%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01972	−0.005%	$1.2M	$936K	25x	as long as short
OKX BLUR-USDT-SWAPlong	+0.0100%	4h	0.01972	long leg	$972K	$1.7M	20x
MEXC BLUR_USDT	+0.0100%	4h	0.01971	−0.051%	$1.0M	$114K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01973	+0.051%	$567K	$126K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01974	+0.101%	$772K	$543K	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	0.01976	+0.193%	$1K	$849	—	as long as short
BingX BLUR-USDT	+0.0200%	4h	0.01975	+0.152%	—	$3.4M	—	as long as short
Gate BLUR_USDT	+0.0242%	4h	0.01976	+0.203%	$793K	$250K	50x	as long as short
dYdX BLUR-USDshort	+0.0888%	1h	0.01976	+0.183%	$25K	$328	5x
Kraken Futures PF_BLURUSD	+0.3967%	1h	0.01980	+0.426%	$11K	$8K	10x	as long as short