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% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.086%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1451.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.086%, 7d avg −0.006%
Together, before fees+0.206%+$21 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: Bybit is 0.080% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PLUME_USDT0.015060.0100pay 0.0100% / 8h10m 39s$710K$294K50x
ShortBybit PLUMEUSDT0.015050.0100get 0.0050% / 4h10m 39s$3.5M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: −0.086% → −0.006%
−$7.99
Slippage, 4 orders
−$119.38
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$153.37
Costs to cover
1.454%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 2 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 Gate live order book, 1 min ago9.29 bp57.4 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.32 bp24.5 bp −$25100.5 bp −$1,005doesn'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+0.0100%4h0.01505−0.087%$6K$22K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01505−0.105%$5.6M$7.0M75xas long as short
Bybit PLUMEUSDTshort+0.0100%4h0.01505−0.086%$3.5M$2.9M50x
OKX PLUME-USDT-SWAP+0.0100%4h0.01506−0.046%$577K$1.0M20xas long as short
Gate PLUME_USDTlong+0.0100%8h0.01506long leg$710K$294K50x
MEXC PLUME_USDT+0.0100%4h0.01506−0.027%$1.3M$301K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01509+0.173%$1.3M$911K30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01506−0.027%$1.2M$652K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01505−0.093%$7.5Mas long as short
Variational Omni PLUME+0.0100%4h0.01504−0.141%$43K$11Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDT+0.0153%4h0.01504−0.159%$379K$55K50xas long as short