Funding arb · Price arb /

BLUR

all BLUR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.005%

Price spread now: BingX against Variational Omni+0.076%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.076% dearer against Variational Omni than usual: you sell high and buy low: +$8 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	Variational Omni BLUR	0.01965	0.0100	pay 0.0100% / 8h	1h 33m	$1K	$849	—
Short	BingX BLUR-USDT	0.01966	0.0200	get 0.0100% / 4h	1h 33m	—	$3.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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 Variational OmnibpFee BingXbpOrdersPrice spread, now +0.076%Rate

Funding earned: $21
Price spread: +0.076% → 0.000%: $7.6
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $18.6
Costs to cover: 0.100%
Break-even: 0.8 days

Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 7 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 Variational Omni no order-book sample	—	—	—	—	—
Sell BingX live order book, 7 min ago	7.63 bp	26.9 bp −$27	67.5 bp −$675	667.5 bp −$66.7K	1053.3 bp −$526.6K

Variational Omni: 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	+1.705%	$1K	$212	5.5x	as long as short
BloFin BLUR-USDT	+0.0075%	4h	0.01965	+0.025%	$335K	$2K	50x	as long as short
Hyperliquid BLUR	+0.0100%	1h	0.01966	+0.101%	$1.3M	$427K	3x	as long as short
Aster BLURUSDT	+0.0100%	4h	0.01966	+0.099%	$5K	$4K	5x	as long as short
Binance BLURUSDT	+0.0100%	4h	0.01967	+0.102%	$2.0M	$3.7M	50x	as long as short
Bybit BLURUSDT	+0.0100%	8h	0.01966	+0.081%	$1.2M	$932K	25x	as long as short
OKX BLUR-USDT-SWAP	+0.0100%	4h	0.01967	+0.127%	$970K	$1.7M	20x	as long as short
MEXC BLUR_USDT	+0.0100%	4h	0.01966	+0.076%	$1.0M	$115K	20x	as long as short
KuCoin BLURUSDTM	+0.0100%	4h	0.01968	+0.178%	$566K	$127K	30x	as long as short
Bitget BLURUSDT	+0.0100%	4h	0.01966	+0.076%	$768K	$540K	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 BLURlong	+0.0100%	8h	0.01965	long leg	$1K	$849	—
Gate BLUR_USDT	+0.0126%	4h	0.01968	+0.178%	$790K	$254K	50x	as long as short
BingX BLUR-USDTshort	+0.0200%	4h	0.01966	+0.076%	—	$3.4M	—
dYdX BLUR-USD	+0.0413%	1h	0.01969	+0.212%	$25K	$328	5x	as long as short
Kraken Futures PF_BLURUSD	+0.3987%	1h	0.01971	+0.309%	$11K	$8K	10x	as long as short