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

PLUME

all PLUME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.135%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$760.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days−0.123%−$12 · spread now +0.135%, 7d avg −0.002%
Together, before fees−0.149%−$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: Bybit is 0.137% dearer against MEXC than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PLUME_USDT0.014780.0100pay 0.0050% / 4h5m 24s$1.3M$268K100x
ShortBybit PLUMEUSDT0.014800.0100get 0.0050% / 4h5m 24s$3.5M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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: +0.135% → −0.002%
$13.69
Slippage, 4 orders
−$61.28
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$62.6
Costs to cover
0.763%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 1 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 MEXC live order book, 5 min ago3.38 bp11.7 bp −$1233.0 bp −$330252.6 bp −$25.3Kdoesn't fit
Sell Bybit live order book, 1 min ago3.38 bp28.0 bp −$2892.8 bp −$928doesn'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-USDT+0.0095%4h0.01482+0.271%$373K$37K50xas long as short
Binance PLUMEUSDT+0.0100%4h0.01478−0.021%$5.5M$7.1M75xas long as short
Bybit PLUMEUSDTshort+0.0100%4h0.01480+0.135%$3.5M$3.1M50x
OKX PLUME-USDT-SWAP+0.0100%4h0.01480+0.135%$548K$1.0M20xas long as short
Gate PLUME_USDT+0.0100%8h0.01482+0.271%$695K$448K50xas long as short
MEXC PLUME_USDTlong+0.0100%4h0.01478long leg$1.3M$268K100x
KuCoin PLUMEUSDTM+0.0100%4h0.01483+0.338%$1.3M$894K30xas long as short
Bitget PLUMEUSDT+0.0100%4h0.01481+0.203%$1.2M$658K25xas long as short
BingX PLUME-USDT+0.0100%4h0.01479+0.068%$7.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PLUME+0.0100%4h0.01480+0.169%$43K$9Kas long as short