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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.128%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$830.832% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 days+0.141%+$14 · spread now −0.128%, 7d avg 0.000%
Together, before fees+0.148%+$15 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: MEXC is 0.128% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PLUMEUSDT0.014830.0100pay 0.0050% / 4h3h 55m$3.5M$3.0M50x
ShortMEXC PLUME_USDT0.014810.0100get 0.0050% / 4h3h 55m$1.2M$296K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.128% → 0.000%
−$12.85
Slippage, 4 orders
−$68.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$96.06
Costs to cover
0.832%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago3.38 bp26.1 bp −$26113.8 bp −$1,138doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago6.77 bp14.7 bp −$1542.9 bp −$429241.6 bp −$24.2Kdoesn'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-USDT+0.0058%4h0.01476−0.465%$373K$85K50xas long as short
Aster PLUMEUSDT+0.0100%4h0.01481−0.136%$6K$24K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01483−0.004%$5.5M$7.0M75xas long as short
Bybit PLUMEUSDTlong+0.0100%4h0.01483long leg$3.5M$3.0M50x
OKX PLUME-USDT-SWAP+0.0100%4h0.01485+0.108%$576K$1.1M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01483+0.013%$702K$312K50xas long as short
MEXC PLUME_USDTshort+0.0100%4h0.01481−0.128%$1.2M$296K100x
KuCoin PLUMEUSDTM+0.0100%4h0.01481−0.128%$916K$1.1M30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01483+0.007%$1.1M$706K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01483+0.007%$7.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01478−0.314%$43K$11Kas long as short