Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against BloFin+0.137%111s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as 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−$1161.159% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.265%−$26 · spread now +0.137%, 7d avg +0.043%
=The price spread pays, funding is against you. BingX is 0.094% dearer against BloFin than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.043%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 7 days (−0.014% in total) that is about 47 days. The two prices were read 111 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 | BloFin PLUME-USDT | 0.01460 | 0.0156 | pay 0.0078% / 4h | 1h 45m | $369K | $84K | 50x |
| Short | BingX PLUME-USDT | 0.01462 | 0.0100 | get 0.0050% / 4h | 1h 45m | — | $7.7M | — |
BloFin PLUME-USDT
BingX PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$11.82
- Price spread: +0.137% → +0.043%
- $9.37
- Slippage, 4 orders
- −$93.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$118.3
- Costs to cover
- 1.159%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 40 min ago; BingX: live order book, 7 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 BloFin live order book, 40 min ago | 17.16 bp | 26.5 bp −$26 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 10.27 bp | 26.2 bp −$26 | 72.7 bp −$727 | 585.4 bp −$58.5K | 950.0 bp −$475.0K |
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 | 0.01462 | +0.132% | $5K | $26K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01461 | +0.068% | $5.4M | $7.3M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01461 | +0.089% | $3.5M | $3.1M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01462 | +0.130% | $556K | $1.2M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01460 | −0.021% | $688K | $307K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01459 | −0.068% | $1.2M | $307K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01461 | +0.068% | $869K | $1.1M | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01461 | +0.068% | $1.1M | $666K | 25x | as long as short |
| BingX PLUME-USDTshort | +0.0100% | 4h | 0.01462 | +0.137% | — | $7.7M | — | |
| Variational Omni PLUME | +0.0100% | 4h | 0.01457 | −0.189% | $41K | $12K | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDT
Variational Omni PLUMEShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PLUME-USDTlong | +0.0156% | 4h | 0.01460 | long leg | $369K | $84K | 50x |