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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.120%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days−0.188%−$19 · spread now +0.120%, 7d avg −0.046%
Together, before fees−0.154%−$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: Bitget is 0.166% dearer against Binance than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PEOPLEUSDT0.0092190.0100pay 0.0100% / 8h5h 58m$5.7M$16.9M50x
ShortBitget PEOPLEUSDT0.0092300.0100get 0.0100% / 8h5h 58m$1.8M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: +0.120% → −0.046%
$16.62
Slippage, 4 orders
−$83.36
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$88.74
Costs to cover
1.054%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 2 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 Binance live order book, 6 min ago0.54 bp14.7 bp −$1557.7 bp −$577doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.95 bp34.7 bp −$3582.7 bp −$827doesn't fitdoesn't fit

PEOPLE on 15 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSD−0.0700%1h0.009210−0.100%$36K$47K10xas long as short
Bybit PEOPLEUSDT−0.0075%8h0.009214−0.053%$1.7M$2.6M50xas long as short
Variational Omni PEOPLE−0.0056%8h0.009218−0.006%$5K$5Kas long as short
BloFin PEOPLE-USDT+0.0080%8h0.009244+0.272%$352K$109K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009213−0.064%$435K$318K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009223+0.039%$11K$76K5xas long as short
Binance PEOPLEUSDTlong+0.0100%8h0.009219long leg$5.7M$16.9M50x
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009210−0.097%$3.4M$9.0M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009229+0.109%$772K$1.6M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009213−0.064%$697K$323K200xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEOPLEUSDTM+0.0100%8h0.009217−0.021%$692K$132K50xas long as short
Bitget PEOPLEUSDTshort+0.0100%8h0.009230+0.120%$1.8M$1.3M50x
BingX PEOPLE-USDT+0.0100%8h0.009220+0.012%$12.4Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009218−0.010%$44K$42K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009222+0.035%$1855xas long as short