Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h +0.008%
Price spread now: BloFin against Gate−0.292%78s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as 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−$1361.362% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)+0.464%+$46 · spread now −0.292%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.255% cheaper against Gate than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 78 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 | Gate PLUME_USDT | 0.01506 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $720K | $297K | 50x |
| Short | BloFin PLUME-USDT | 0.01502 | 0.0081 | get 0.0040% / 4h | 3h 15m | $380K | $64K | 50x |
Gate PLUME_USDT
BloFin PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$4.04
- Price spread: −0.292% → −0.037%
- −$25.49
- Slippage, 4 orders
- −$109.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$165.72
- Costs to cover
- 1.362%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; BloFin: live order book, 54 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 Gate live order book, 56 min ago | 9.29 bp | 57.4 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 3.32 bp | 15.2 bp −$15 | 59.5 bp −$595 | 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-USDTshort | +0.0081% | 4h | 0.01502 | −0.292% | $380K | $64K | 50x | |
| Aster PLUMEUSDT | +0.0100% | 4h | 0.01506 | −0.059% | $6K | $22K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01506 | −0.045% | $5.6M | $7.0M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01506 | −0.033% | $3.5M | $2.9M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01507 | +0.073% | $577K | $1.0M | 20x | as long as short |
| Gate PLUME_USDTlong | +0.0100% | 8h | 0.01506 | long leg | $720K | $297K | 50x | |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01506 | −0.027% | $1.3M | $309K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01506 | −0.027% | $1.1M | $987K | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01506 | −0.027% | $1.2M | $656K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01505 | −0.093% | — | $7.5M | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
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 | 0.01503 | −0.208% | $43K | $11K | — | as long as short |
Variational Omni PLUME