Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against BloFin−0.136%112s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as 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−$970.971% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.136%, 7d avg +0.021%
=Funding pays, the price is against you. Bybit is 0.157% cheaper against BloFin than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of +0.021%). If the spread goes back, that is −$16 on $10k: about 34 days of funding at the current rate ($0 a day). The two prices were read 112 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 | 0.01468 | 0.0085 | pay 0.0042% / 4h | 1h 01m | $361K | $85K | 50x |
| Short | Bybit PLUMEUSDT | 0.01466 | 0.0100 | get 0.0050% / 4h | 1h 01m | $3.5M | $3.0M | 50x |
BloFin PLUME-USDT
Bybit PLUMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $3.25
- Price spread: −0.136% → +0.021%
- −$15.68
- Slippage, 4 orders
- −$74.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109.51
- Costs to cover
- 0.971%
- Break-even
- 243.2 days
Slippage from BloFin: live order book, 19 min ago; Bybit: live order book, 1 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, 19 min ago | 10.22 bp | 19.8 bp −$20 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.41 bp | 23.6 bp −$24 | 84.8 bp −$848 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PLUME-USDTlong | +0.0085% | 4h | 0.01468 | long leg | $361K | $85K | 50x | |
| Aster PLUMEUSDT | +0.0100% | 4h | 0.01466 | −0.136% | $6K | $27K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01465 | −0.188% | $5.4M | $7.2M | 75x | as long as short |
| Bybit PLUMEUSDTshort | +0.0100% | 4h | 0.01466 | −0.136% | $3.5M | $3.0M | 50x | |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01466 | −0.109% | $558K | $1.2M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01468 | 0.000% | $691K | $311K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01466 | −0.136% | $1.2M | $311K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01467 | −0.068% | $867K | $1.1M | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01466 | −0.136% | $1.1M | $655K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01466 | −0.136% | — | $7.7M | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
OKX PLUME-USDT-SWAP
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDT
BingX PLUME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLUME | +0.0100% | 4h | 0.01473 | +0.357% | $42K | $12K | — | as long as short |
Variational Omni PLUME