Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against BloFin+0.209%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1011.012% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.500%−$50 · spread now +0.209%, 7d avg +0.063%
=The price spread pays, funding is against you. OKX is 0.146% dearer against BloFin than usual: you sell high and buy low (spread +0.209% now, against its 7-day average of +0.063%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.4 days. At the pace of the last 7 days (−0.018% in total) that is about 57 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PLUME-USDT | 0.01485 | 0.0152 | pay 0.0076% / 4h | 12m 45s | $379K | $85K | 50x |
| Short | OKX PLUME-USDT-SWAP | 0.01488 | 0.0100 | get 0.0050% / 4h | 12m 45s | $573K | $1.1M | 20x |
BloFin PLUME-USDT
OKX PLUME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.9
- Price spread: +0.209% → +0.063%
- $14.56
- Slippage, 4 orders
- −$79.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$97.49
- Costs to cover
- 1.012%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 23 min ago; OKX: live order book, 4 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, 23 min ago | 6.78 bp | 26.3 bp −$26 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.70 bp | 23.6 bp −$24 | doesn't fit | 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 | 0.01489 | +0.272% | $6K | $24K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01488 | +0.198% | $5.5M | $7.0M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01488 | +0.202% | $3.5M | $3.0M | 50x | as long as short |
| OKX PLUME-USDT-SWAPshort | +0.0100% | 4h | 0.01488 | +0.209% | $573K | $1.1M | 20x | |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01489 | +0.269% | $704K | $312K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01488 | +0.202% | $1.2M | $306K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01487 | +0.135% | $956K | $1.1M | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01488 | +0.202% | $1.1M | $668K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01487 | +0.135% | — | $7.6M | — | as long as short |
| Variational Omni PLUME | +0.0100% | 4h | 0.01484 | −0.051% | $43K | $11K | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDT
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 | +0.0152% | 4h | 0.01485 | long leg | $379K | $85K | 50x |