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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.080%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days+0.234%+$23 · spread now −0.080%, 7d avg +0.028%
Together, before fees+0.260%+$26 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 0.108% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PLUMEUSDT0.015000.0100pay 0.0050% / 4h32m 08s$3.5M$2.9M50x
ShortBitget PLUMEUSDT0.014990.0100get 0.0050% / 4h32m 08s$1.2M$654K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
Price spread: −0.080% → +0.028%
−$10.85
Slippage, 4 orders
−$78.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$112.13
Costs to cover
1.013%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 4 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 Bybit live order book, 5 min ago3.33 bp22.5 bp −$2398.5 bp −$985doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago6.67 bp30.2 bp −$3079.2 bp −$792doesn'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+0.0099%4h0.01499−0.060%$6K$22K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01499−0.053%$5.6M$7.0M75xas long as short
Bybit PLUMEUSDTlong+0.0100%4h0.01500long leg$3.5M$2.9M50x
OKX PLUME-USDT-SWAP+0.0100%4h0.01502+0.133%$575K$1.0M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01502+0.127%$708K$294K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01499−0.080%$1.3M$299K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01504+0.253%$1.3M$910K30xas long as short
Bitget PLUMEUSDTshort+0.0100%4h0.01499−0.080%$1.2M$654K25x
BingX PLUME-USDT+0.0100%4h0.01500−0.013%$7.5Mas long as short
Variational Omni PLUME+0.0100%4h0.01500+0.008%$43K$11Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDT+0.0119%4h0.01499−0.080%$379K$54K50xas long as short