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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin+0.007%7-day average −0.192% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2682.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.007%, 7d avg −0.192%
Together, before fees−0.171%−$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: OKX is 0.199% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.192%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PLUMEUSDTM0.014970.0100pay 0.0050% / 4h3h 32m$1.1M$985K30x
ShortOKX PLUME-USDT-SWAP0.014970.0100get 0.0050% / 4h3h 32m$574K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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: +0.007% → −0.192%
$19.89
Slippage, 4 orders
−$246.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$248.15
Costs to cover
2.680%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; OKX: 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 KuCoin live order book, 3 min ago16.71 bp55.9 bp −$56239.1 bp −$2,391doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago1.67 bp28.4 bp −$28doesn't fitdoesn'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%4h0.01496−0.042%$6K$22K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01496−0.067%$5.6M$7.0M75xas long as short
Bybit PLUMEUSDT+0.0100%4h0.01498+0.040%$3.5M$2.9M50xas long as short
OKX PLUME-USDT-SWAPshort+0.0100%4h0.01497+0.007%$574K$1.0M20x
Gate PLUME_USDT+0.0100%8h0.01498+0.073%$716K$295K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01496−0.067%$1.3M$306K100xas long as short
KuCoin PLUMEUSDTMlong+0.0100%4h0.01497long leg$1.1M$985K30x
Bitget PLUMEUSDT+0.0100%4h0.01496−0.067%$1.2M$656K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01498+0.067%$7.5Mas long as short
Variational Omni PLUME+0.0100%4h0.01494−0.182%$43K$11Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDT+0.0145%4h0.01494−0.200%$377K$56K50xas long as short