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: KuCoin against Bybit+0.189%7-day average +0.250% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2192.192% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days+0.131%+$13 · spread now +0.189%, 7d avg +0.250%
Together, before fees+0.170%+$17 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 0.061% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.250%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PLUMEUSDT0.014850.0100pay 0.0050% / 4h2h 01m$3.5M$3.0M50x
ShortKuCoin PLUMEUSDTM0.014880.0100get 0.0050% / 4h2h 01m$1.3M$903K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.189% → +0.250%
−$6.15
Slippage, 4 orders
−$196.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$225.35
Costs to cover
2.192%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: 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, 1 min ago3.37 bp30.3 bp −$30130.4 bp −$1,304doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago13.40 bp83.4 bp −$83208.7 bp −$2,087doesn'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+0.0011%4h0.01485−0.001%$6K$24K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01483−0.114%$5.5M$7.1M75xas long as short
Bybit PLUMEUSDTlong+0.0100%4h0.01485long leg$3.5M$3.0M50x
OKX PLUME-USDT-SWAP+0.0100%4h0.01486+0.067%$553K$997K20xas long as short
Gate PLUME_USDT+0.0100%8h0.01486+0.054%$695K$311K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01484−0.081%$1.2M$304K100xas long as short
KuCoin PLUMEUSDTMshort+0.0100%4h0.01488+0.189%$1.3M$903K30x
Bitget PLUMEUSDT+0.0100%4h0.01485−0.013%$1.2M$664K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01485−0.013%$7.5Mas long as short
Variational Omni PLUME+0.0100%4h0.01489+0.285%$43K$9Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDT+0.0103%4h0.01488+0.189%$373K$48K50xas long as short