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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PEOPLEUSDT | 0.009167 | 0.0100 | pay 0.0100% / 8h | 1h 19m | $5.5M | $15.1M | 50x |
| Short | OKX PEOPLE-USDT-SWAP | 0.009166 | 0.0100 | get 0.0100% / 8h | 1h 19m | $3.3M | $8.5M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 0.55 bp | 16.4 bp −$16 | 46.8 bp −$468 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.63 bp | 18.1 bp −$18 | 42.1 bp −$421 | doesn't fit | doesn't fit |
PEOPLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEOPLEUSD | −0.1235% | 1h | 0.009164 | −0.040% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0108% | 8h | 0.009154 | −0.146% | $653K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0053% | 8h | 0.009181 | +0.152% | $6K | $4K | — | as long as short |
| BloFin PEOPLE-USDT | +0.0092% | 8h | 0.009186 | +0.203% | $349K | $85K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009174 | +0.072% | $426K | $212K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009168 | +0.009% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDTlong | +0.0100% | 8h | 0.009167 | long leg | $5.5M | $15.1M | 50x | |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009167 | −0.004% | $1.6M | $2.1M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPshort | +0.0100% | 8h | 0.009166 | −0.015% | $3.3M | $8.5M | 20x | |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009175 | +0.083% | $772K | $1.4M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009175 | +0.083% | $666K | $306K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009165 | −0.026% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009171 | +0.039% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009183 | +0.170% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009166 | −0.011% | $183 | — | 5x | as long as short |
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Bybit PEOPLEUSDT
Gate PEOPLE_USDT
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD