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: BingX against Bitget+0.065%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1431.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.065%, 7d avg +0.051%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PEOPLEUSDT0.0092450.0100pay 0.0100% / 8h4h 52m$1.8M$1.3M50x
ShortBingX PEOPLE-USDT0.0092510.0100get 0.0100% / 8h4h 52m$7.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: +0.065% → +0.051%
$1.41
Slippage, 4 orders
−$121.33
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$141.93
Costs to cover
1.433%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 1 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 Bitget live order book, 5 min ago5.93 bp50.5 bp −$51185.2 bp −$1,852doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago4.88 bp22.3 bp −$2250.2 bp −$502316.6 bp −$31.7K457.4 bp −$228.7K

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−0.0888%1h0.009221−0.256%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0370%8h0.009251+0.065%$740K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0051%8h0.009253+0.087%$658K$151K50xas long as short
Variational Omni PEOPLE−0.0036%8h0.009282+0.405%$6K$2Kas long as short
Bybit PEOPLEUSDT+0.0016%8h0.009224−0.227%$1.7M$2.4M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0061%8h0.009221−0.260%$3.3M$8.8M20xas long as short
MEXC PEOPLE_USDT+0.0068%8h0.009244−0.011%$687K$299K200xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009231−0.151%$427K$223K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009245−0.003%$9K$79K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009229−0.171%$5.7M$16.5M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDTlong+0.0100%8h0.009245long leg$1.8M$1.3M50x
BingX PEOPLE-USDTshort+0.0100%8h0.009251+0.065%$7.5M
HTX PEOPLE-USDT+0.0100%8h0.009240−0.054%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009227−0.199%$1855xas long as short
BloFin PEOPLE-USDT+0.0109%8h0.009276+0.335%$360K$98K50xas long as short