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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.204%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$710.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.204%, 7d avg +0.020%
Together, before fees+0.131%+$13 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: MEXC is 0.224% cheaper against BingX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PEOPLE-USDT0.0092930.0100pay 0.0100% / 8h2h 12m$7.5M
ShortMEXC PEOPLE_USDT0.0092740.0100get 0.0100% / 8h2h 12m$715K$325K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$0
Price spread: −0.204% → +0.020%
−$22.45
Slippage, 4 orders
−$57.42
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$93.87
Costs to cover
0.714%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; MEXC: live order book, 28 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 BingX live order book, 11 min ago5.45 bp21.0 bp −$2149.9 bp −$499389.4 bp −$38.9K458.8 bp −$229.4K
Sell MEXC live order book, 28 min ago1.63 bp10.5 bp −$1045.3 bp −$453267.6 bp −$26.8K502.1 bp −$251.1K

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−0.0593%1h0.009280−0.140%$36K$48K10xas long as short
Variational Omni PEOPLE−0.0045%8h0.009223−0.753%$5K$5Kas long as short
KuCoin PEOPLEUSDTM+0.0067%8h0.009263−0.323%$674K$162K50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009283−0.108%$1.7M$2.8M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009285−0.086%$441K$330K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009270−0.243%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009286−0.071%$5.7M$18.3M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009290−0.032%$3.4M$9.6M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009278−0.161%$780K$1.7M50xas long as short
MEXC PEOPLE_USDTshort+0.0100%8h0.009274−0.204%$715K$325K200x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009283−0.108%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDTlong+0.0100%8h0.009293long leg$7.5M
HTX PEOPLE-USDT+0.0100%8h0.009280−0.140%$43K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009279−0.152%$1865xas long as short
BloFin PEOPLE-USDT+0.0126%8h0.009285−0.086%$353K$107K50xas long as short