Settings8H · net · $10k
Funding arb · Price arb /

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.094%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1171.166% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.094%, 7d avg +0.039%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.055% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PLUMEUSDT0.014910.0100pay 0.0050% / 4h1h 45m$3.5M$3.0M50x
ShortOKX PLUME-USDT-SWAP0.014930.0100get 0.0050% / 4h1h 45m$556K$996K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.094% → +0.039%
$5.48
Slippage, 4 orders
−$95.56
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$111.08
Costs to cover
1.166%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago3.36 bp26.4 bp −$26106.8 bp −$1,068doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.35 bp32.1 bp −$32doesn't fitdoesn't fitdoesn't fit

PLUME on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PLUMEUSDT+0.0012%4h0.01492+0.026%$6K$24K5xas long as short
BloFin PLUME-USDT+0.0057%4h0.01491−0.034%$372K$55K50xas long as short
Binance PLUMEUSDT+0.0100%4h0.01491−0.061%$5.6M$7.1M75xas long as short
Bybit PLUMEUSDTlong+0.0100%4h0.01491long leg$3.5M$3.0M50x
OKX PLUME-USDT-SWAPshort+0.0100%4h0.01493+0.094%$556K$996K20x
Gate PLUME_USDT+0.0100%8h0.01492+0.040%$699K$293K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01491−0.034%$1.2M$293K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01494+0.168%$1.3M$903K30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01492+0.034%$1.2M$677K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01493+0.101%$7.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01488−0.244%$43K$9Kas long as short