Funding you earn now, next payment 00:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.84 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.044%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.044%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEOPLEUSDT | 0.009104 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $1.6M | $1.1M | 50x |
| Short | Bybit PEOPLEUSDT | 0.009108 | 0.0016 | get 0.0016% / 8h | 2h 36m | $1.6M | $2.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$17.66
- Price spread: +0.044% → +0.036%
- $0.79
- Slippage, 4 orders
- −$90.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$130.18
- Costs to cover
- 1.133%
- Break-even
- never at this rate
Slippage from Bitget: live order book, just now; Bybit: live order book, just now.
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 Bitget live order book, just now | 6.04 bp | 23.3 bp −$23 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 3.85 bp | 34.2 bp −$34 | 64.1 bp −$641 | 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 | −0.1448% | 1h | 0.009096 | −0.090% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0154% | 8h | 0.009107 | +0.033% | $661K | $118K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0113% | 8h | 0.009101 | −0.038% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDTshort | +0.0016% | 8h | 0.009108 | +0.044% | $1.6M | $2.1M | 50x | |
| Gate PEOPLE_USDT | +0.0087% | 8h | 0.009111 | +0.077% | $765K | $1.4M | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009110 | +0.066% | $423K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009112 | +0.092% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009108 | +0.044% | $5.5M | $15.1M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009100 | −0.044% | $3.3M | $8.4M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009123 | +0.209% | $667K | $303K | 200x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTlong | +0.0100% | 8h | 0.009104 | long leg | $1.6M | $1.1M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009108 | +0.044% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009110 | +0.066% | $44K | $51K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0102% | 8h | 0.009111 | +0.077% | $349K | $84K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009109 | +0.052% | $182 | — | 5x | as long as short |
Bitget PEOPLEUSDT
Bybit PEOPLEUSDT
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Gate PEOPLE_USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
BloFin PEOPLE-USDT
Extended PEOPLE-USD