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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0042%/8hpaid last 24h +0.009%
Price spread now: BloFin against Gate−0.135%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 3 days (all we have)+0.242%+$24 · spread now −0.135%, 7d avg −0.018%
Together, before fees+0.252%+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.117% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PLUME_USDT0.014820.0100pay 0.0100% / 8h4h 05m$697K$448K50x
ShortBloFin PLUME-USDT0.014800.0058get 0.0029% / 4h5m 01s$372K$37K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$8.83
Price spread: −0.135% → −0.018%
−$11.72
Slippage, 4 orders
−$127.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$175.11
Costs to cover
1.546%
Break-even
never at this rate
Slippage from Gate: live order book, 25 min ago; BloFin: live order book, 24 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, 25 min ago5.41 bp54.6 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 24 min ago10.16 bp24.8 bp −$2550.3 bp −$503doesn'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−0.0007%4h0.01480−0.135%$6K$23K5xas long as short
BloFin PLUME-USDTshort+0.0058%4h0.01480−0.135%$372K$37K50x
Binance PLUMEUSDT+0.0100%4h0.01478−0.270%$5.5M$7.1M75xas long as short
Bybit PLUMEUSDT+0.0100%4h0.01480−0.135%$3.5M$3.1M50xas long as short
OKX PLUME-USDT-SWAP+0.0100%4h0.01482−0.034%$548K$1.0M20xas long as short
Gate PLUME_USDTlong+0.0100%8h0.01482long leg$697K$448K50x
MEXC PLUME_USDT+0.0100%4h0.01479−0.202%$1.3M$269K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01483+0.067%$1.3M$894K30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01480−0.135%$1.2M$658K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01479−0.202%$7.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01480−0.102%$43K$9Kas long as short