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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.058%7-day average −0.013% · 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−$82as in the Price arb table
costs, in and out, $10k−$890.890% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 days−0.109%−$11 · spread now +0.058%, 7d avg −0.013%
Together, before fees−0.134%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.071% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PLUMEUSDT0.014870.0100pay 0.0050% / 4h1h 50m$5.6M$7.1M75x
ShortBybit PLUMEUSDT0.014880.0100get 0.0050% / 4h1h 50m$3.5M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.058% → −0.013%
$7.1
Slippage, 4 orders
−$67.97
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$81.86
Costs to cover
0.890%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 2 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, 4 min ago3.36 bp22.3 bp −$2289.3 bp −$893doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.35 bp23.0 bp −$23102.4 bp −$1,024doesn'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+0.0012%4h0.01489+0.105%$6K$24K5xas long as short
BloFin PLUME-USDT+0.0081%4h0.01493+0.395%$377K$56K50xas long as short
Binance PLUMEUSDTlong+0.0100%4h0.01487long leg$5.6M$7.1M75x
Bybit PLUMEUSDTshort+0.0100%4h0.01488+0.058%$3.5M$3.0M50x
OKX PLUME-USDT-SWAP+0.0100%4h0.01490+0.173%$555K$1.0M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01492+0.327%$699K$293K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01488+0.058%$1.2M$293K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01493+0.395%$1.3M$903K30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01490+0.193%$1.2M$680K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01490+0.193%$7.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01491+0.285%$43K$9Kas long as short