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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h −0.007%
Price spread now: Gate against BloFin+0.102%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1761.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)−0.274%−$27 · spread now +0.102%, 7d avg +0.043%
Together, before fees−0.323%−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.059% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PLUME-USDT0.014680.0085pay 0.0042% / 4h1h 03m$361K$85K50x
ShortGate PLUME_USDT0.014690.0100get 0.0100% / 8h1h 03m$692K$311K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
$3.25
Price spread: +0.102% → +0.043%
$5.88
Slippage, 4 orders
−$149.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$167.14
Costs to cover
1.763%
Break-even
367.5 days
Slippage from BloFin: live order book, 17 min ago; Gate: live order book, 38 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 BloFin live order book, 17 min ago10.22 bp19.8 bp −$2069.4 bp −$694doesn't fitdoesn't fit
Sell Gate live order book, 38 min ago7.19 bp54.3 bp −$54doesn'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
BloFin PLUME-USDTlong+0.0085%4h0.01468long leg$361K$85K50x
Aster PLUMEUSDT+0.0100%4h0.01467−0.036%$6K$27K5xas long as short
Binance PLUMEUSDT+0.0100%4h0.01467−0.068%$5.4M$7.2M75xas long as short
Bybit PLUMEUSDT+0.0100%4h0.01467−0.041%$3.5M$3.0M50xas long as short
OKX PLUME-USDT-SWAP+0.0100%4h0.01468−0.020%$558K$1.2M20xas long as short
Gate PLUME_USDTshort+0.0100%8h0.01469+0.102%$692K$311K50x
MEXC PLUME_USDT+0.0100%4h0.014680.000%$1.2M$311K100xas long as short
KuCoin PLUMEUSDTM+0.0100%4h0.01470+0.136%$869K$1.1M30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01469+0.068%$1.1M$655K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01469+0.068%$7.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01473+0.357%$42K$12Kas long as short