Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against MEXC−0.201%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)+0.508%+$51 · spread now −0.201%, 7d avg +0.012%
=Funding pays, the price is against you. BloFin is 0.213% cheaper against MEXC than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of +0.012%). If the spread goes back, that is −$21 on $10k: about 34 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PLUME_USDT | 0.01494 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $1.2M | $295K | 100x |
| Short | BloFin PLUME-USDT | 0.01491 | 0.0121 | get 0.0060% / 4h | 1h 28m | $377K | $54K | 50x |
MEXC PLUME_USDT
BloFin PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $4.38
- Price spread: −0.201% → +0.012%
- −$21.31
- Slippage, 4 orders
- −$37.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.07
- Costs to cover
- 0.531%
- Break-even
- 119.1 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 52 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 MEXC live order book, 3 min ago | 3.35 bp | 9.1 bp −$9 | 29.8 bp −$298 | 238.9 bp −$23.9K | doesn't fit |
| Sell BloFin live order book, 52 min ago | 6.68 bp | 23.3 bp −$23 | 66.5 bp −$665 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLUMEUSDT | +0.0020% | 4h | 0.01494 | +0.018% | $6K | $22K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01494 | +0.023% | $5.6M | $7.0M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01496 | +0.134% | $3.5M | $2.9M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01497 | +0.201% | $559K | $980K | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01496 | +0.114% | $701K | $294K | 50x | as long as short |
| MEXC PLUME_USDTlong | +0.0100% | 4h | 0.01494 | long leg | $1.2M | $295K | 100x | |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01499 | +0.335% | $1.3M | $906K | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01497 | +0.201% | $1.2M | $669K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01496 | +0.134% | — | $7.5M | — | as long as short |
| Variational Omni PLUME | +0.0100% | 4h | 0.01493 | −0.046% | $43K | $9K | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDT
BingX PLUME-USDT
Variational Omni PLUMEShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PLUME-USDTshort | +0.0121% | 4h | 0.01491 | −0.201% | $377K | $54K | 50x |