Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against OKX−0.375%103s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as 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−$970.973% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.489%+$49 · spread now −0.375%, 7d avg −0.050%
=Funding pays, the price is against you. BloFin is 0.324% cheaper against OKX than usual: you would sell low and buy high (spread −0.375% now, against its 7-day average of −0.050%). If the spread goes back, that is −$32 on $10k: about 39 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.004% in total) that is about 17 months. The two prices were read 103 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 | OKX PLUME-USDT-SWAP | 0.01495 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $558K | $978K | 20x |
| Short | BloFin PLUME-USDT | 0.01489 | 0.0128 | get 0.0064% / 4h | 1h 31m | $371K | $55K | 50x |
OKX PLUME-USDT-SWAP
BloFin PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $5.81
- Price spread: −0.375% → −0.050%
- −$32.42
- Slippage, 4 orders
- −$75.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$123.87
- Costs to cover
- 0.973%
- Break-even
- 156.3 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 49 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 OKX live order book, 5 min ago | 2.35 bp | 29.3 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 49 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 | +0.0018% | 4h | 0.01493 | −0.076% | $6K | $22K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01494 | −0.072% | $5.6M | $7.0M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01494 | −0.033% | $3.5M | $2.9M | 50x | as long as short |
| OKX PLUME-USDT-SWAPlong | +0.0100% | 4h | 0.01495 | long leg | $558K | $978K | 20x | |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01496 | +0.094% | $701K | $293K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01493 | −0.107% | $1.2M | $294K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01498 | +0.227% | $1.3M | $906K | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01496 | +0.094% | $1.2M | $668K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01495 | +0.027% | — | $7.5M | — | as long as short |
| Variational Omni PLUME | +0.0100% | 4h | 0.01491 | −0.219% | $43K | $9K | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
Gate PLUME_USDT
MEXC 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 | +0.0128% | 4h | 0.01489 | −0.375% | $371K | $55K | 50x |