Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Bitget−0.402%115s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.951% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 3 days (all we have)+0.793%+$79 · spread now −0.402%, 7d avg −0.039%
=Funding pays, the price is against you. BloFin is 0.363% cheaper against Bitget than usual: you would sell low and buy high (spread −0.402% now, against its 7-day average of −0.039%). If the spread goes back, that is −$36 on $10k: about 25 days of funding at the current rate (+$1 a day). The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PLUMEUSDT | 0.01491 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $1.2M | $670K | 25x |
| Short | BloFin PLUME-USDT | 0.01485 | 0.0148 | get 0.0074% / 4h | 2h 45m | $369K | $46K | 50x |
Bitget PLUMEUSDT
BloFin PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $10.09
- Price spread: −0.402% → −0.039%
- −$36.31
- Slippage, 4 orders
- −$71.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$121.35
- Costs to cover
- 0.951%
- Break-even
- 91.2 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 40 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 Bitget live order book, 1 min ago | 3.36 bp | 18.1 bp −$18 | 68.7 bp −$687 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 6.68 bp | 24.1 bp −$24 | 59.2 bp −$592 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLUMEUSDT | +0.0003% | 4h | 0.01490 | −0.052% | $6K | $24K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01488 | −0.180% | $5.5M | $7.1M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01489 | −0.134% | $3.5M | $3.0M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01490 | −0.087% | $553K | $994K | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01490 | −0.047% | $698K | $308K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01489 | −0.134% | $1.3M | $287K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01493 | +0.134% | $1.3M | $903K | 30x | as long as short |
| Bitget PLUMEUSDTlong | +0.0100% | 4h | 0.01491 | long leg | $1.2M | $670K | 25x | |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01489 | −0.134% | — | $7.5M | — | as long as short |
| Variational Omni PLUME | +0.0100% | 4h | 0.01490 | −0.100% | $43K | $9K | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
BingX PLUME-USDT
Variational Omni PLUMEShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PLUME-USDTshort | +0.0148% | 4h | 0.01485 | −0.402% | $369K | $46K | 50x |