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% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate−0.146%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.146%, 7d avg +0.011%
Together, before fees+0.155%+$16 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: Bitget is 0.157% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PLUME_USDT0.015070.0100pay 0.0100% / 8h49m 03s$710K$294K50x
ShortBitget PLUMEUSDT0.015050.0100get 0.0050% / 4h49m 03s$1.2M$643K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: −0.146% → +0.011%
−$15.72
Slippage, 4 orders
−$113.06
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$155.77
Costs to cover
1.401%
Break-even
never at this rate
Slippage from Gate: live order book, 27 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 27 min ago8.03 bp49.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago6.65 bp24.8 bp −$2570.1 bp −$701doesn'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
BloFin PLUME-USDT+0.0075%4h0.01503−0.279%$378K$54K50xas long as short
Aster PLUMEUSDT+0.0100%4h0.01505−0.168%$6K$22K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01505−0.146%$5.6M$7.0M75xas long as short
Bybit PLUMEUSDT+0.0100%4h0.01505−0.139%$3.5M$2.9M50xas long as short
OKX PLUME-USDT-SWAP+0.0100%4h0.01508+0.053%$577K$1.0M20xas long as short
Gate PLUME_USDTlong+0.0100%8h0.01507long leg$710K$294K50x
MEXC PLUME_USDT+0.0100%4h0.01504−0.212%$1.3M$295K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01509+0.119%$1.3M$909K30xas long as short
Bitget PLUMEUSDTshort+0.0100%4h0.01505−0.146%$1.2M$643K25x
BingX PLUME-USDT+0.0100%4h0.01506−0.080%$7.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01504−0.192%$43K$11Kas long as short