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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.009%
Price spread now: Bitget against BloFin0.000%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$960.956% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 3 days (all we have)−0.390%−$39 · spread now 0.000%, 7d avg +0.039%
Together, before fees−0.377%−$38 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: Bitget is 0.039% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PLUME-USDT0.014930.0108pay 0.0054% / 4h1h 53m$378K$56K50x
ShortBitget PLUMEUSDT0.014930.0100get 0.0050% / 4h1h 53m$1.2M$679K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$1.74
Price spread: 0.000% → +0.039%
−$3.93
Slippage, 4 orders
−$71.56
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$101.23
Costs to cover
0.956%
Break-even
never at this rate
Slippage from BloFin: live order book, 27 min ago; Bitget: live order book, 3 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 BloFin live order book, 27 min ago6.68 bp12.7 bp −$1358.0 bp −$580doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago10.06 bp41.6 bp −$4291.5 bp −$915doesn'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+0.0030%4h0.01494+0.048%$6K$24K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01490−0.168%$5.6M$7.1M75xas long as short
Bybit PLUMEUSDT+0.0100%4h0.01492−0.087%$3.5M$3.0M50xas long as short
OKX PLUME-USDT-SWAP+0.0100%4h0.01492−0.040%$556K$1.0M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01494+0.060%$700K$293K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01491−0.134%$1.2M$293K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01495+0.134%$1.3M$903K30xas long as short
Bitget PLUMEUSDTshort+0.0100%4h0.014930.000%$1.2M$679K25x
BingX PLUME-USDT+0.0100%4h0.014930.000%$7.5Mas long as short
Variational Omni PLUME+0.0100%4h0.01489−0.243%$43K$9Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDTlong+0.0108%4h0.01493long leg$378K$56K50x