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

PEOPLE

all PEOPLE 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: OKX against Binance−0.015%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$670.671% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.015%, 7d avg +0.023%
Together, before fees−0.022%−$2 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: OKX is 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PEOPLEUSDT0.0091670.0100pay 0.0100% / 8h1h 19m$5.5M$15.1M50x
ShortOKX PEOPLE-USDT-SWAP0.0091660.0100get 0.0100% / 8h1h 19m$3.3M$8.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.015% → +0.023%
−$3.85
Slippage, 4 orders
−$47.08
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$70.93
Costs to cover
0.671%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; OKX: live order book, 3 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 ago0.55 bp16.4 bp −$1646.8 bp −$468doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.63 bp18.1 bp −$1842.1 bp −$421doesn't fitdoesn't fit

PEOPLE on 15 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
Kraken Futures PF_PEOPLEUSD−0.1235%1h0.009164−0.040%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0108%8h0.009154−0.146%$653K$123K50xas long as short
Variational Omni PEOPLE−0.0053%8h0.009181+0.152%$6K$4Kas long as short
BloFin PEOPLE-USDT+0.0092%8h0.009186+0.203%$349K$85K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009174+0.072%$426K$212K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009168+0.009%$8K$75K5xas long as short
Binance PEOPLEUSDTlong+0.0100%8h0.009167long leg$5.5M$15.1M50x
Bybit PEOPLEUSDT+0.0100%8h0.009167−0.004%$1.6M$2.1M50xas long as short
OKX PEOPLE-USDT-SWAPshort+0.0100%8h0.009166−0.015%$3.3M$8.5M20x
Gate PEOPLE_USDT+0.0100%8h0.009175+0.083%$772K$1.4M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009175+0.083%$666K$306K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009165−0.026%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009171+0.039%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009183+0.170%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009166−0.011%$1835xas long as short