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: BingX against OKX−0.053%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1161.165% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now −0.053%, 7d avg −0.025%
Together, before fees−0.151%−$15 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: BingX is 0.028% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PLUME-USDT-SWAP0.014970.0100pay 0.0050% / 4h1h 04m$558K$980K20x
ShortBingX PLUME-USDT0.014960.0100get 0.0050% / 4h1h 04m$7.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: −0.053% → −0.025%
−$2.83
Slippage, 4 orders
−$96.49
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$119.31
Costs to cover
1.165%
Break-even
never at this rate
Slippage from OKX: live order book, 32 min ago; BingX: live order book, 14 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 OKX live order book, 32 min ago2.35 bp29.3 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago10.05 bp30.6 bp −$3173.5 bp −$735588.0 bp −$58.8K1009.0 bp −$504.5K

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+0.0079%4h0.01495−0.112%$6K$22K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01494−0.156%$5.6M$7.0M75xas long as short
Bybit PLUMEUSDT+0.0100%4h0.01495−0.140%$3.5M$2.9M50xas long as short
OKX PLUME-USDT-SWAPlong+0.0100%4h0.01497long leg$558K$980K20x
Gate PLUME_USDT+0.0100%8h0.01497−0.013%$706K$300K50xas long as short
MEXC PLUME_USDT+0.0100%4h0.01495−0.120%$1.3M$303K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01498+0.080%$1.3M$907K30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01496−0.053%$1.2M$670K25xas long as short
BingX PLUME-USDTshort+0.0100%4h0.01496−0.053%$7.5M
Variational Omni PLUME+0.0100%4h0.01491−0.368%$43K$11Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PLUME-USDT+0.0113%4h0.01491−0.387%$373K$54K50xas long as short