PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.14 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against BingX+0.328%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$970.973% of the position

Long on BingX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 7 days−0.401%−$40 · spread now +0.328%, 7d avg −0.019%

Together, before fees−0.463%−$46 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.347% dearer against BingX than usual: you sell high and buy low (spread +0.328% now, against its 7-day average of −0.019%): +$35 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.062% in total) that is about 39 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PEOPLE-USDT	0.009138	0.0100	pay 0.0100% / 8h	2h 22m	—	$7.5M	—
Short	Bybit PEOPLEUSDT	0.009168	0.0086	get 0.0086% / 8h	2h 22m	$1.7M	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee BybitbpOrdersPrice spread, now +0.328%Rate

Funding earned: −$2.98
Price spread: +0.328% → −0.019%: $34.7
Slippage, 4 orders: −$76.33
Fee BingX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$65.61
Costs to cover: 0.973%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; Bybit: live order book, 4 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, 15 min ago	3.80 bp	20.3 bp −$20	46.9 bp −$469	418.2 bp −$41.8K	495.8 bp −$247.9K
Sell Bybit live order book, 4 min ago	1.65 bp	28.1 bp −$28	65.7 bp −$657	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	−0.0603%	1h	0.009128	−0.114%	$35K	$48K	10x	as long as short
Variational Omni PEOPLE	−0.0057%	8h	0.009100	−0.410%	$6K	$4K	—	as long as short
Gate PEOPLE_USDT	+0.0011%	8h	0.009152	+0.153%	$768K	$1.7M	50x	as long as short
KuCoin PEOPLEUSDTM	+0.0041%	8h	0.009145	+0.077%	$666K	$162K	50x	as long as short
Bybit PEOPLEUSDTshort	+0.0086%	8h	0.009168	+0.328%	$1.7M	$2.8M	50x
BloFin PEOPLE-USDT	+0.0090%	8h	0.009137	−0.011%	$353K	$105K	50x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009164	+0.285%	$433K	$328K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009139	+0.009%	$11K	$96K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009168	+0.332%	$5.7M	$18.2M	50x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009173	+0.383%	$3.4M	$9.5M	20x	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	0.009154	+0.175%	$694K	$322K	200x	as long as short
Bitget PEOPLEUSDT	+0.0100%	8h	0.009158	+0.219%	$1.7M	$1.4M	50x	as long as short
BingX PEOPLE-USDTlong	+0.0100%	8h	0.009138	long leg	—	$7.5M	—
HTX PEOPLE-USDT	+0.0100%	8h	0.009133	−0.055%	$43K	$51K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009160	+0.245%	$183	—	5x	as long as short