Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against BloFin+0.272%51s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as 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−$940.936% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.456%−$46 · spread now +0.272%, 7d avg +0.008%
=The price spread pays, funding is against you. Binance is 0.264% dearer against BloFin than usual: you sell high and buy low (spread +0.272% now, against its 7-day average of +0.008%): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.014% in total) that is about 4 months. The two prices were read 51 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 | BloFin PLUME-USDT | 0.01469 | 0.0140 | pay 0.0070% / 4h | 0m 17s | $376K | $84K | 50x |
| Short | Binance PLUMEUSDT | 0.01473 | 0.0100 | get 0.0050% / 4h | 0m 17s | $5.4M | $7.2M | 75x |
BloFin PLUME-USDT
Binance PLUMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$8.5
- Price spread: +0.272% → +0.008%
- $26.38
- Slippage, 4 orders
- −$71.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.7
- Costs to cover
- 0.936%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; Binance: live order book, 8 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 BloFin live order book, 15 min ago | 3.42 bp | 31.6 bp −$32 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.41 bp | 21.7 bp −$22 | 63.5 bp −$635 | 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 | +0.0100% | 4h | 0.01475 | +0.385% | $6K | $27K | 5x | as long as short |
| Binance PLUMEUSDTshort | +0.0100% | 4h | 0.01473 | +0.272% | $5.4M | $7.2M | 75x | |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01474 | +0.374% | $3.5M | $3.1M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01474 | +0.374% | $550K | $1.2M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01476 | +0.456% | $692K | $308K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01473 | +0.272% | $1.2M | $309K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01473 | +0.272% | $857K | $1.1M | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01474 | +0.340% | $1.2M | $669K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01474 | +0.340% | — | $7.7M | — | as long as short |
| Variational Omni PLUME | +0.0100% | 4h | 0.01474 | +0.361% | $42K | $12K | — | as long as short |
Aster PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDT
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-USDTlong | +0.0140% | 4h | 0.01469 | long leg | $376K | $84K | 50x |