Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.008%
Price spread now: Bitget against BloFin+0.202%115s7-day average +0.050% · 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−$1171.166% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.593%−$59 · spread now +0.202%, 7d avg +0.050%
=The price spread pays, funding is against you. Bitget is 0.153% dearer against BloFin than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of +0.050%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.007% in total) that is about 5 months. The two prices were read 115 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 | 0.01482 | 0.0150 | pay 0.0075% / 4h | 19m 15s | $372K | $85K | 50x |
| Short | Bitget PLUMEUSDT | 0.01485 | 0.0100 | get 0.0050% / 4h | 19m 15s | $1.1M | $669K | 25x |
BloFin PLUME-USDT
Bitget PLUMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$10.46
- Price spread: +0.202% → +0.050%
- $15.27
- Slippage, 4 orders
- −$92.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.75
- Costs to cover
- 1.166%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; Bitget: live order book, 2 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, 16 min ago | 6.78 bp | 26.3 bp −$26 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.74 bp | 27.2 bp −$27 | 92.5 bp −$925 | 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 | 0.01485 | +0.180% | $6K | $24K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01485 | +0.202% | $5.5M | $7.0M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01484 | +0.148% | $3.4M | $3.0M | 50x | as long as short |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01486 | +0.290% | $572K | $1.1M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01486 | +0.270% | $703K | $311K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01485 | +0.202% | $1.2M | $305K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01486 | +0.270% | $955K | $1.1M | 30x | as long as short |
| Bitget PLUMEUSDTshort | +0.0100% | 4h | 0.01485 | +0.202% | $1.1M | $669K | 25x | |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01485 | +0.202% | — | $7.6M | — | as long as short |
| Variational Omni PLUME | +0.0100% | 4h | 0.01483 | +0.083% | $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-USDTlong | +0.0150% | 4h | 0.01482 | long leg | $372K | $85K | 50x |