Bluefin
dexMaker 0.005% Β· Taker 0.035%
- #38 of 42 perp-DEXs by open interest
- #40 by 24h volume
- taker 0.035% β cheaper than 23 of 40 venues
- 8 markets
Charts
Pick a metric, period and asset groups. Hover the chart to read any day.Best pairs with Bluefin right now
delta-neutral: long on one exchange, short on another
Bluefin bonuses & programs
what you can earn besides fundingSign up on Bluefin via ORBIT
0.5 bps maker Β· 3.5 bps taker (BTC/ETH/SOL; 10 bps taker elsewhere)
What open interest is made of
live snapshot
SUI$427K
HYPE$89K
DEEP$37K
BTC$27K
SOL$21K- Crypto93.9%$623K
- Commodities6.1%$40K
Per-asset breakdown
Daily average of the venue rolling 24h figures, through the last complete day β so these totals sit close to, but not exactly on, the live numbers above. Hover a chart for the per-asset split Β· hover or click an asset to spotlight it Β· click a legend chip to hide it.
Funding
who pays whom right nowBTC+0.0186%+163.47%HYPE+0.0061%+53.38%SUI+0.0013%+10.96%
ETH+0.0013%+10.96%SOLβ0.0025%β22.15%
WALβ0.0022%β19.15%DEEPβ0.0011%β9.29%Daily average rate, annualised. Above zero longs pay shorts.
Markets
| Asset | Mark Price β | 24h % β | Funding APR β | Open Interest β | 24h Volume β | Next funding | ||
|---|---|---|---|---|---|---|---|---|
| SUI | $0.7702 | -3.94% | +10.96% | -1.59% | 1h | $427K | $391K | β |
| HYPE | $69.338 | -3.99% | +53.38% | +20.36% | 1h | $89K | $74K | β |
| π₯XAU | $3,873.99 | -0.58% | -271.51% | -89.73% | 1h | $40K | $38K | β |
| DEEP | $0.0135 | -1.82% | -9.29% | -93.35% | 1h | $37K | $8K | β |
| BTC | $67,196.1 | -2.65% | +163.47% | +128.31% | 1h | $27K | $116K | β |
| SOL | $75.723 | -5.14% | -22.15% | -43.17% | 1h | $21K | $30K | β |
| WAL | $0.0254 | -4.18% | -19.15% | +228.16% | 1h | $14K | $99K | β |
| ETH | $1,908.01 | -1.64% | +10.96% | -24.34% | 1h | $8K | $8K | β |
Click an asset to view market overview Β· Funding rates update every 60s
About Bluefin funding & fees
Bluefin is a decentralized perpetual exchange (perp DEX) tracked live on ORBIT, listing 8 perpetual markets, $664K total open interest, $764K in 24h volume. Average funding across its markets is +20.68% annualized. ORBIT compares Bluefin's funding rates against 35 other venues so you can spot where it diverges from the rest of the market.
Bluefin charges 0.035% taker and 0.005% maker fees on perpetuals. Via the ORBIT referral you also get: 0.5 bps maker Β· 3.5 bps taker (BTC/ETH/SOL; 10 bps taker elsewhere). Execution cost matters for funding arbitrage β ORBIT's backtester subtracts both legs' taker fees plus live order-book slippage, so the PnL it shows is net of what you actually pay.
Bluefin's native token BLUE is already live. Funding-rate incentives on listed-token venues are usually steadier than pre-TGE points, which makes Bluefin a reliable leg for delta-neutral pairs.
To run funding arbitrage with Bluefin, find an asset whose funding here diverges from another venue on the Funding Screener, then verify the pair in the backtester. Its most active markets right now include SUI (+10.96%), HYPE (+53.38%), XAU (-271.51%).
Frequently asked questions
- What are Bluefin trading fees?
- Bluefin charges 0.035% taker and 0.005% maker on perpetual futures. ORBIT referral perk: 0.5 bps maker Β· 3.5 bps taker (BTC/ETH/SOL; 10 bps taker elsewhere). Round-trip cost on both legs is what a funding-arbitrage trade has to overcome before it profits.
- Is Bluefin a CEX or DEX?
- Bluefin is a decentralized perpetual exchange (perp DEX). You trade non-custodially from your own wallet.
- Does Bluefin have a token?
- Bluefin's token BLUE is already live. Its major points-farming airdrop has concluded, so funding incentives are the main ongoing edge here.
- How do I arbitrage funding rates on Bluefin?
- Open the ORBIT Funding Screener, find an asset where Bluefin's funding is much higher or lower than another exchange, then go long on the lower-funding venue and short on the higher one in equal size. Backtest the exact pair on ORBIT first to confirm it is profitable net of fees and slippage.
- How much open interest does Bluefin have?
- Bluefin currently has $664K in total open interest across 8 perpetual markets, with $764K traded in the last 24 hours.