Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against OKX−0.107%63s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$990.987% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.222%+$22 · spread now −0.107%, 7d avg −0.050%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.057% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.050%). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PLUME-USDT-SWAP | 0.01491 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $555K | $1.0M | 20x |
| Short | BloFin PLUME-USDT | 0.01489 | 0.0062 | get 0.0031% / 4h | 1h 48m | $376K | $55K | 50x |
OKX PLUME-USDT-SWAP
BloFin PLUME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.9
- Price spread: −0.107% → −0.050%
- −$5.68
- Slippage, 4 orders
- −$76.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$112.31
- Costs to cover
- 0.987%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 32 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 3 min ago | 1.67 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 6.68 bp | 23.3 bp −$23 | 66.5 bp −$665 | doesn't fit | doesn't fit |
PLUME on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PLUMEUSDT | +0.0005% | 4h | 0.01488 | −0.144% | $6K | $24K | 5x | as long as short |
| BloFin PLUME-USDTshort | +0.0062% | 4h | 0.01489 | −0.107% | $376K | $55K | 50x | |
| Binance PLUMEUSDT | +0.0100% | 4h | 0.01488 | −0.143% | $5.6M | $7.1M | 75x | as long as short |
| Bybit PLUMEUSDT | +0.0100% | 4h | 0.01489 | −0.107% | $3.5M | $3.0M | 50x | as long as short |
| OKX PLUME-USDT-SWAPlong | +0.0100% | 4h | 0.01491 | long leg | $555K | $1.0M | 20x | |
| Gate PLUME_USDT | +0.0100% | 8h | 0.01492 | +0.094% | $699K | $293K | 50x | as long as short |
| MEXC PLUME_USDT | +0.0100% | 4h | 0.01488 | −0.174% | $1.2M | $293K | 100x | as long as short |
| KuCoin PLUMEUSDTM | +0.0100% | 4h | 0.01493 | +0.161% | $1.3M | $903K | 30x | as long as short |
| Bitget PLUMEUSDT | +0.0100% | 4h | 0.01491 | +0.027% | $1.2M | $678K | 25x | as long as short |
| BingX PLUME-USDT | +0.0100% | 4h | 0.01490 | −0.040% | — | $7.5M | — | as long as short |
Aster PLUMEUSDT
Binance PLUMEUSDT
Bybit PLUMEUSDT
Gate PLUME_USDT
MEXC PLUME_USDT
KuCoin PLUMEUSDTM
Bitget PLUMEUSDT
BingX PLUME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PLUME | +0.0100% | 4h | 0.01491 | +0.052% | $43K | $9K | — | as long as short |
Variational Omni PLUME