Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.009%
Price spread now: OKX against BloFin−0.040%63s7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as 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−$1081.078% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.040%, 7d avg +0.057%
=Funding pays, the price is against you. OKX is 0.097% cheaper against BloFin than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.057%). If the spread goes back, that is −$10 on $10k: about 12 days of funding at the current rate (+$1 a day). The two prices were read 63 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 | 0.01507 | 0.0074 | pay 0.0037% / 4h | 3h 56m | $379K | $55K | 50x |
| Short | OKX PLUME-USDT-SWAP | 0.01506 | 0.0100 | get 0.0050% / 4h | 3h 56m | $579K | $1.0M | 20x |
BloFin PLUME-USDT
OKX PLUME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $5.56
- Price spread: −0.040% → +0.057%
- −$9.68
- Slippage, 4 orders
- −$85.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$111.96
- Costs to cover
- 1.078%
- Break-even
- 148.1 days
Slippage from BloFin: live order book, 14 min ago; OKX: live order book, just now.
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, 14 min ago | 3.32 bp | 22.6 bp −$23 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 3.98 bp | 41.8 bp −$42 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PLUME-USDTlong | +0.0074% | 4h | 0.01507 | long leg | $379K | $55K | 50x | |
| Aster PLUMEUSDT | +0.0100% | 4h | 0.01508 | +0.076% | $6K | $22K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01506 | −0.066% | $5.6M | $7.1M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01506 | −0.066% | $3.5M | $3.0M | 50x | as long as short |
| OKX PLUME-USDT-SWAPshort | +0.0100% | 4h | 0.01506 | −0.040% | $579K | $1.0M | 20x | |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01510 | +0.166% | $721K | $293K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01508 | +0.066% | $1.3M | $299K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01512 | +0.332% | $1.3M | $917K | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01508 | +0.066% | $1.2M | $653K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01507 | 0.000% | — | $7.5M | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
Gate PLUME_USDT
MEXC 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 | 0.01508 | +0.053% | $43K | $11K | — | as long as short |
Variational Omni PLUME