Settings8H · net · $10k
Funding arb · Price arb /

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against Binance+0.022%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$920.922% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.417%+$42 · spread now +0.022%, 7d avg −0.010%
Together, before fees+0.424%+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.032% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PLUMEUSDT0.014770.0100pay 0.0050% / 4h3h 59m$5.4M$7.0M75x
ShortBloFin PLUME-USDT0.014770.0122get 0.0061% / 4h3h 59m$379K$85K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Funding earned
$4.62
Price spread: +0.022% → −0.010%
$3.19
Slippage, 4 orders
−$70.18
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$84.37
Costs to cover
0.922%
Break-even
134.7 days
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago3.37 bp21.9 bp −$2286.7 bp −$867doesn't fitdoesn't fit
Sell BloFin live order book, 36 min ago6.78 bp23.1 bp −$2366.0 bp −$660doesn't fitdoesn't fit

PLUME on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PLUMEUSDT+0.0100%4h0.01477+0.038%$6K$24K5xas long as short
Binance PLUMEUSDTlong+0.0100%4h0.01477long leg$5.4M$7.0M75x
Bybit PLUMEUSDT+0.0100%4h0.01477+0.049%$3.5M$3.0M50xas long as short
OKX PLUME-USDT-SWAP+0.0100%4h0.01480+0.225%$573K$1.1M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01480+0.225%$700K$311K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01477+0.022%$1.2M$296K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01477+0.022%$914K$1.1M30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01478+0.090%$1.1M$704K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01477+0.022%$7.6Mas long as short
Variational Omni PLUME+0.0100%4h0.01485+0.580%$43K$11Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDTshort+0.0122%4h0.01477+0.022%$379K$85K50x