Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Bybit0.000%62s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as 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−$950.955% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now 0.000%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 62 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 | Bybit PLUMEUSDT | 0.01465 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $3.5M | $3.0M | 50x |
| Short | BloFin PLUME-USDT | 0.01465 | 0.0137 | get 0.0068% / 4h | 1h 14m | $365K | $85K | 50x |
Bybit PLUMEUSDT
BloFin PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $7.75
- Price spread: 0.000% → −0.021%
- $2.06
- Slippage, 4 orders
- −$72.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$85.68
- Costs to cover
- 0.955%
- Break-even
- 84.4 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 6 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 Bybit live order book, 3 min ago | 3.41 bp | 22.8 bp −$23 | 95.3 bp −$953 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 10.22 bp | 29.1 bp −$29 | 55.0 bp −$550 | 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 | 0.01465 | +0.023% | $5K | $27K | 5x | as long as short |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01464 | −0.045% | $5.4M | $7.2M | 75x | as long as short |
| Bybit PLUMEUSDTlong | +0.0100% | 4h | 0.01465 | long leg | $3.5M | $3.0M | 50x | |
| OKX PLUME-USDT-SWAP | +0.0100% | 4h | 0.01465 | 0.000% | $555K | $1.2M | 20x | as long as short |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01466 | +0.068% | $690K | $308K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01464 | −0.068% | $1.2M | $311K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01465 | 0.000% | $872K | $1.1M | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01466 | +0.068% | $1.1M | $640K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01465 | 0.000% | — | $7.7M | — | as long as short |
| Variational Omni PLUME | +0.0100% | 4h | 0.01465 | +0.017% | $42K | $12K | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
OKX PLUME-USDT-SWAP
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-USDTshort | +0.0137% | 4h | 0.01465 | 0.000% | $365K | $85K | 50x |