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: OKX against BingX0.000%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1161.165% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.222%+$22 · spread now 0.000%, 7d avg +0.025%
Together, before fees+0.205%+$20 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 0.025% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PLUME-USDT0.014960.0100pay 0.0050% / 4h1h 03m$7.5M
ShortOKX PLUME-USDT-SWAP0.014960.0100get 0.0050% / 4h1h 03m$558K$979K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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: 0.000% → +0.025%
−$2.52
Slippage, 4 orders
−$96.49
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$119.01
Costs to cover
1.165%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; OKX: live order book, 32 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 BingX live order book, 14 min ago10.05 bp24.6 bp −$2571.4 bp −$714641.2 bp −$64.1K1016.8 bp −$508.4K
Sell OKX live order book, 32 min ago2.35 bp32.0 bp −$32doesn'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+0.0079%4h0.01495−0.066%$6K$22K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01494−0.104%$5.6M$7.0M75xas long as short
Bybit PLUMEUSDT+0.0100%4h0.01495−0.087%$3.5M$2.9M50xas long as short
OKX PLUME-USDT-SWAPshort+0.0100%4h0.014960.000%$558K$979K20x
Gate PLUME_USDT+0.0100%8h0.01498+0.134%$706K$300K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01494−0.134%$1.3M$303K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01498+0.134%$1.3M$907K30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01495−0.067%$1.2M$670K25xas long as short
BingX PLUME-USDTlong+0.0100%4h0.01496long leg$7.5M
Variational Omni PLUME+0.0100%4h0.01491−0.314%$43K$11Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDT+0.0113%4h0.01491−0.334%$373K$54K50xas long as short