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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.333%7-day average +0.237% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1771.769% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.333%, 7d avg +0.237%
Together, before fees+0.015%+$2 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: KuCoin is 0.095% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.237%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PLUMEUSDT0.015020.0100pay 0.0050% / 4h38m 40s$5.6M$7.0M75x
ShortKuCoin PLUMEUSDTM0.015070.0100get 0.0050% / 4h38m 40s$1.3M$909K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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: +0.333% → +0.237%
$9.55
Slippage, 4 orders
−$154.86
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$167.31
Costs to cover
1.769%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: 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 Binance live order book, 15 min ago3.33 bp22.7 bp −$2375.0 bp −$750doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago16.57 bp77.7 bp −$78235.3 bp −$2,353doesn'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
BloFin PLUME-USDT+0.0090%4h0.01506+0.266%$380K$54K50xas long as short
Aster PLUMEUSDT+0.0100%4h0.01503+0.072%$6K$22K5xas long as short
Binance PLUMEUSDTlong+0.0100%4h0.01502long leg$5.6M$7.0M75x
Bybit PLUMEUSDT+0.0100%4h0.01503+0.100%$3.5M$2.9M50xas long as short
OKX PLUME-USDT-SWAP+0.0100%4h0.01505+0.213%$576K$1.0M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01507+0.353%$710K$294K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.015020.000%$1.3M$296K100xas long as short
KuCoin PLUMEUSDTMshort+0.0100%4h0.01507+0.333%$1.3M$909K30x
Bitget PLUMEUSDT+0.0100%4h0.01504+0.133%$1.2M$651K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01503+0.067%$7.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01505+0.220%$43K$11Kas long as short