Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against Bitget+0.202%315s7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as 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−$1101.100% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.202%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.248% dearer against Bitget than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.046%. The two prices were read 315 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 | Bitget PLUMEUSDT | 0.01482 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $1.2M | $661K | 25x |
| Short | BloFin PLUME-USDT | 0.01485 | 0.0111 | get 0.0056% / 4h | 2h 43m | $376K | $66K | 50x |
Bitget PLUMEUSDT
BloFin PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $2.4
- Price spread: +0.202% → −0.046%
- $24.82
- Slippage, 4 orders
- −$86.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.82
- Costs to cover
- 1.100%
- Break-even
- 248.1 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 21 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 Bitget live order book, 2 min ago | 10.14 bp | 39.8 bp −$40 | 108.5 bp −$1,085 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 3.31 bp | 26.2 bp −$26 | 64.4 bp −$644 | 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 | +0.0100% | 4h | 0.01481 | −0.039% | $6K | $23K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01483 | +0.067% | $5.5M | $7.1M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01483 | +0.067% | $3.5M | $3.0M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01485 | +0.202% | $561K | $1.0M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01484 | +0.121% | $705K | $297K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01482 | 0.000% | $1.2M | $313K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01482 | 0.000% | $1.0M | $1.0M | 30x | as long as short |
| Bitget PLUMEUSDTlong | +0.0100% | 4h | 0.01482 | long leg | $1.2M | $661K | 25x | |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01483 | +0.067% | — | $7.6M | — | as long as short |
| Variational Omni PLUME | +0.0100% | 4h | 0.01480 | −0.117% | $43K | $11K | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
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 | +0.0111% | 4h | 0.01485 | +0.202% | $376K | $66K | 50x |