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: Binance against BingX+0.022%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.597% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.022%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.022% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009114 | 0.0100 | pay 0.0100% / 8h | 2h 31m | — | $5.7M | — |
| Short | Binance PEOPLEUSDT | 0.009116 | 0.0100 | get 0.0100% / 8h | 2h 31m | $5.5M | $15.1M | 50x |
BingX PEOPLE-USDT
Binance PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.022% → 0.000%
- $2.24
- Slippage, 4 orders
- −$39.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$57.5
- Costs to cover
- 0.597%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 10 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 BingX live order book, 9 min ago | 4.39 bp | 15.9 bp −$16 | 36.2 bp −$362 | 364.6 bp −$36.5K | 500.7 bp −$250.4K |
| Sell Binance live order book, 10 min ago | 0.55 bp | 14.1 bp −$14 | 37.7 bp −$377 | 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 | −0.1446% | 1h | 0.009110 | −0.042% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0161% | 8h | 0.009095 | −0.208% | $660K | $119K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0106% | 8h | 0.009105 | −0.097% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0008% | 8h | 0.009102 | −0.132% | $1.6M | $2.1M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0085% | 8h | 0.009119 | +0.055% | $766K | $1.4M | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009119 | +0.055% | $424K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009113 | −0.006% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDTshort | +0.0100% | 8h | 0.009116 | +0.022% | $5.5M | $15.1M | 50x | |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009111 | −0.033% | $3.3M | $8.4M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009112 | −0.022% | $666K | $303K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
Gate PEOPLE_USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009106 | −0.088% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009114 | long leg | — | $5.7M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009110 | −0.044% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009113 | −0.013% | $182 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0106% | 8h | 0.009109 | −0.055% | $348K | $84K | 50x | as long as short |
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT