PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.004%

Price spread now: Bitget against BloFin+0.011%75s7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$880.880% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.011%, 7d avg −0.018%

Together, before fees−0.128%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.018%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PEOPLE-USDT	0.009156	0.0087	pay 0.0087% / 8h	2h 23m	$347K	$84K	50x
Short	Bitget PEOPLEUSDT	0.009157	0.0100	get 0.0100% / 8h	2h 23m	$1.6M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.011%Rate

Funding earned: $2.63
Price spread: +0.011% → −0.018%: $2.87
Slippage, 4 orders: −$63.97
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$82.48
Costs to cover: 0.880%
Break-even: 226.9 days

Slippage from BloFin: live order book, 61 min ago; Bitget: live order book, 3 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 BloFin live order book, 61 min ago	1.09 bp	22.9 bp −$23	45.2 bp −$452	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	4.37 bp	26.0 bp −$26	54.8 bp −$548	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	−0.1438%	1h	0.009160	+0.042%	$35K	$45K	10x	as long as short
KuCoin PEOPLEUSDTM	−0.0156%	8h	0.009150	−0.066%	$664K	$119K	50x	as long as short
Variational Omni PEOPLE	−0.0104%	8h	0.009169	+0.138%	$6K	$4K	—	as long as short
Bybit PEOPLEUSDT	+0.0029%	8h	0.009162	+0.066%	$1.6M	$2.1M	50x	as long as short
BloFin PEOPLE-USDTlong	+0.0087%	8h	0.009156	long leg	$347K	$84K	50x
Hyperliquid PEOPLE	+0.0100%	1h	0.009162	+0.066%	$425K	$212K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009151	−0.054%	$8K	$75K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009157	+0.011%	$5.5M	$15.1M	50x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009158	+0.022%	$3.3M	$8.4M	20x	as long as short
Gate PEOPLE_USDT	+0.0100%	8h	0.009163	+0.076%	$770K	$1.4M	50x	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	0.009160	+0.044%	$670K	$304K	200x	as long as short
Bitget PEOPLEUSDTshort	+0.0100%	8h	0.009157	+0.011%	$1.6M	$1.1M	50x
BingX PEOPLE-USDT	+0.0100%	8h	0.009164	+0.087%	—	$5.7M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009170	+0.153%	$44K	$52K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009156	0.000%	$183	—	5x	as long as short