PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against BloFin+0.257%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.257%, 7d avg +0.062%

Together, before fees−0.336%−$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.195% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PEOPLE-USDT	0.009355	0.0078	pay 0.0078% / 8h	1h 50m	$357K	$108K	50x
Short	MEXC PEOPLE_USDT	0.009379	0.0100	get 0.0100% / 8h	1h 50m	$733K	$319K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.257%Rate

Funding earned: $4.62
Price spread: +0.257% → +0.062%: $19.48
Slippage, 4 orders: −$44.64
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$36.54
Costs to cover: 0.606%
Break-even: 62.4 days

Slippage from BloFin: live order book, 16 min ago; MEXC: live order book, 50 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, 16 min ago	7.99 bp	18.2 bp −$18	37.6 bp −$376	doesn't fit	doesn't fit
Sell MEXC live order book, 50 min ago	1.63 bp	10.5 bp −$10	45.3 bp −$453	267.6 bp −$26.8K	502.1 bp −$251.1K

PEOPLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PEOPLEUSD	−0.0455%	1h	0.009354	−0.015%	$36K	$48K	10x	as long as short
Variational Omni PEOPLE	−0.0028%	8h	0.009347	−0.086%	$6K	$5K	—	as long as short
BloFin PEOPLE-USDTlong	+0.0078%	8h	0.009355	long leg	$357K	$108K	50x
KuCoin PEOPLEUSDTM	+0.0091%	8h	0.009334	−0.224%	$678K	$163K	50x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009370	+0.160%	$445K	$330K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009358	+0.032%	$11K	$96K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009379	+0.262%	$5.7M	$18.4M	50x	as long as short
Bybit PEOPLEUSDT	+0.0100%	8h	0.009380	+0.267%	$1.7M	$2.8M	50x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009392	+0.396%	$3.4M	$9.7M	20x	as long as short
Gate PEOPLE_USDT	+0.0100%	8h	0.009365	+0.107%	$783K	$1.7M	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_USDTshort	+0.0100%	8h	0.009379	+0.257%	$733K	$319K	200x
Bitget PEOPLEUSDT	+0.0100%	8h	0.009388	+0.353%	$1.8M	$1.4M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009376	+0.224%	—	$7.5M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009327	−0.299%	$44K	$51K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009385	+0.321%	$188	—	5x	as long as short