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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against BloFin−0.271%50s7-day average +0.236% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1581.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.439%+$44 · spread now −0.271%, 7d avg +0.236%
Together, before fees+0.435%+$43 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: KuCoin is 0.508% cheaper against BloFin than usual: you would sell low and buy high, −$51 on $10k if it goes back to its 7-day average of +0.236%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PLUME-USDT0.014740.0097pay 0.0048% / 4h1h 04m$362K$85K50x
ShortKuCoin PLUMEUSDTM0.014700.0100get 0.0050% / 4h1h 04m$875K$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0.7
Price spread: −0.271% → +0.236%
−$50.76
Slippage, 4 orders
−$134.31
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$208.37
Costs to cover
1.583%
Break-even
2080.5 days
Slippage from BloFin: live order book, 16 min ago; KuCoin: live order book, 5 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, 16 min ago10.22 bp19.8 bp −$2069.4 bp −$694doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago10.23 bp58.7 bp −$59170.0 bp −$1,700doesn'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
BloFin PLUME-USDTlong+0.0097%4h0.01474long leg$362K$85K50x
Aster PLUMEUSDT+0.0100%4h0.01469−0.346%$6K$27K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01469−0.345%$5.4M$7.2M75xas long as short
Bybit PLUMEUSDT+0.0100%4h0.01469−0.339%$3.5M$3.0M50xas long as short
OKX PLUME-USDT-SWAP+0.0100%4h0.01470−0.285%$559K$1.2M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01473−0.088%$693K$310K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01468−0.407%$1.2M$311K100xas long as short
KuCoin PLUMEUSDTMshort+0.0100%4h0.01470−0.271%$875K$1.1M30x
Bitget PLUMEUSDT+0.0100%4h0.01470−0.271%$1.1M$655K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01470−0.271%$7.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01473−0.051%$42K$12Kas long as short