Funding you earn now, next payment 04:00 UTC−0.0011%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against BloFin0.000%7-day average +0.041% · 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−$94as in the Price arb table
costs, in and out, $10k−$900.898% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.128%−$13 · spread now 0.000%, 7d avg +0.041%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.041% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PLUME-USDT | 0.01485 | 0.0111 | pay 0.0056% / 4h | 2h 49m | $376K | $66K | 50x |
| Short | BingX PLUME-USDT | 0.01485 | 0.0100 | get 0.0050% / 4h | 2h 49m | — | $7.5M | — |
BloFin PLUME-USDT
BingX PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$2.4
- Price spread: 0.000% → +0.041%
- −$4.14
- Slippage, 4 orders
- −$67.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$96.37
- Costs to cover
- 0.898%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; BingX: live order book, 4 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, 16 min ago | 3.31 bp | 15.9 bp −$16 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 10.10 bp | 25.5 bp −$26 | 70.7 bp −$707 | 626.6 bp −$62.7K | 996.1 bp −$498.0K |
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 | 0.01485 | +0.028% | $6K | $23K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01483 | −0.141% | $5.5M | $7.1M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01484 | −0.067% | $3.5M | $3.0M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01485 | −0.027% | $561K | $1.0M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01487 | +0.114% | $708K | $296K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01484 | −0.067% | $1.2M | $313K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01484 | −0.067% | $1.0M | $1.0M | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01484 | −0.067% | $1.2M | $661K | 25x | as long as short |
| BingX PLUME-USDTshort | +0.0100% | 4h | 0.01485 | 0.000% | — | $7.5M | — | |
| Variational Omni PLUME | +0.0100% | 4h | 0.01482 | −0.217% | $43K | $11K | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDT
Variational Omni PLUMEShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PLUME-USDTlong | +0.0111% | 4h | 0.01485 | long leg | $376K | $66K | 50x |