Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.15 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against BloFin−0.132%94s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as 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−$570.565% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.108%−$11 · spread now −0.132%, 7d avg −0.003%
=Funding pays, the price is against you. MEXC is 0.130% cheaper against BloFin than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.003%). If the spread goes back, that is −$13 on $10k: about 14 days of funding at the current rate (+$1 a day). The two prices were read 94 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 | 0.01511 | 0.0069 | pay 0.0035% / 4h | 3h 05m | $377K | $64K | 50x |
| Short | MEXC PLUME_USDT | 0.01509 | 0.0100 | get 0.0050% / 4h | 3h 05m | $1.3M | $313K | 100x |
BloFin PLUME-USDT
MEXC PLUME_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $6.49
- Price spread: −0.132% → −0.003%
- −$12.98
- Slippage, 4 orders
- −$40.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$63.03
- Costs to cover
- 0.565%
- Break-even
- 74.9 days
Slippage from BloFin: live order book, 65 min ago; MEXC: live order book, 6 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, 65 min ago | 3.32 bp | 22.6 bp −$23 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 3.30 bp | 7.9 bp −$8 | 46.5 bp −$465 | 271.0 bp −$27.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PLUME-USDTlong | +0.0069% | 4h | 0.01511 | long leg | $377K | $64K | 50x | |
| Aster PLUMEUSDT | +0.0100% | 4h | 0.01509 | −0.132% | $6K | $22K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01508 | −0.171% | $5.6M | $7.1M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01510 | −0.066% | $3.5M | $2.9M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01511 | −0.020% | $578K | $1.0M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01511 | −0.020% | $722K | $299K | 50x | as long as short |
| MEXC PLUME_USDTshort | +0.0100% | 4h | 0.01509 | −0.132% | $1.3M | $313K | 100x | |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01510 | −0.066% | $1.1M | $986K | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01509 | −0.132% | $1.2M | $647K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01509 | −0.132% | — | $7.5M | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDT
BingX PLUME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLUME | +0.0100% | 4h | 0.01510 | −0.052% | $44K | $11K | — | as long as short |
Variational Omni PLUME