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: Bybit against KuCoin−0.331%7-day average −0.250% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1921.924% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days−0.053%−$5 · spread now −0.331%, 7d avg −0.250%
Together, before fees−0.093%−$9 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: Bybit is 0.081% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.250%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PLUMEUSDTM0.015110.0100pay 0.0050% / 4h44m 06s$1.3M$909K30x
ShortBybit PLUMEUSDT0.015060.0100get 0.0050% / 4h44m 06s$3.5M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: −0.331% → −0.250%
−$8.08
Slippage, 4 orders
−$169.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$200.44
Costs to cover
1.924%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bybit: live order book, 3 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 KuCoin live order book, 1 min ago13.24 bp67.8 bp −$68203.5 bp −$2,035doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago3.32 bp22.3 bp −$22101.0 bp −$1,010doesn'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+0.0100%4h0.01504−0.439%$6K$22K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01505−0.397%$5.6M$7.0M75xas long as short
Bybit PLUMEUSDTshort+0.0100%4h0.01506−0.331%$3.5M$2.9M50x
OKX PLUME-USDT-SWAP+0.0100%4h0.01508−0.179%$577K$1.0M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01509−0.126%$711K$294K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01504−0.463%$1.3M$295K100xas long as short
KuCoin PLUMEUSDTMlong+0.0100%4h0.01511long leg$1.3M$909K30x
Bitget PLUMEUSDT+0.0100%4h0.01506−0.331%$1.2M$643K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01506−0.331%$7.5Mas long as short
Variational Omni PLUME+0.0100%4h0.01505−0.376%$43K$11Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDT+0.0156%4h0.01504−0.463%$379K$55K50xas long as short