Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against BingX−0.068%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.422%+$42 · spread now −0.068%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.024% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PLUME-USDT | 0.01481 | 0.0100 | pay 0.0050% / 4h | 50m 42s | — | $7.6M | — |
| Short | BloFin PLUME-USDT | 0.01480 | 0.0064 | get 0.0032% / 4h | 50m 42s | $382K | $84K | 50x |
BingX PLUME-USDT
BloFin PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.63
- Price spread: −0.068% → −0.043%
- −$2.43
- Slippage, 4 orders
- −$58.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.34
- Costs to cover
- 0.803%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 50 min ago.
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 BingX live order book, 2 min ago | 6.75 bp | 24.5 bp −$24 | 60.0 bp −$600 | 597.2 bp −$59.7K | 1010.7 bp −$505.4K |
| Sell BloFin live order book, 50 min ago | 10.11 bp | 19.9 bp −$20 | 58.5 bp −$585 | doesn't fit | doesn't fit |
PLUME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PLUME-USDTshort | +0.0064% | 4h | 0.01480 | −0.068% | $382K | $84K | 50x | |
| Aster PLUMEUSDT | +0.0100% | 4h | 0.01480 | −0.064% | $6K | $25K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01478 | −0.210% | $5.5M | $6.9M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01477 | −0.270% | $3.4M | $3.0M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01479 | −0.122% | $570K | $1.1M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01482 | +0.068% | $701K | $309K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01480 | −0.068% | $1.2M | $302K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01480 | −0.068% | $954K | $1.1M | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01481 | 0.000% | $1.2M | $658K | 25x | as long as short |
| BingX PLUME-USDTlong | +0.0100% | 4h | 0.01481 | long leg | — | $7.6M | — |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLUME | +0.0100% | 4h | 0.01478 | −0.186% | $43K | $11K | — | as long as short |
Variational Omni PLUME