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 Bybit+0.011%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$920.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 7 days+0.054%+$5 · spread now +0.011%, 7d avg +0.019%
Together, before fees+0.115%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PEOPLEUSDT0.0093890.0100pay 0.0100% / 8h1h 06m$1.7M$2.8M50x
ShortBingX PEOPLE-USDT0.0093900.0100get 0.0100% / 8h1h 06m$9.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.011% → +0.019%
−$0.81
Slippage, 4 orders
−$71.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$92.82
Costs to cover
0.920%
Break-even
never at this rate
Slippage from Bybit: 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 Bybit live order book, 5 min ago3.73 bp29.5 bp −$2963.2 bp −$632doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago4.80 bp17.2 bp −$1742.3 bp −$423366.4 bp −$36.6K497.1 bp −$248.6K

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−0.0454%1h0.009388−0.015%$36K$48K10xas long as short
Variational Omni PEOPLE−0.0037%8h0.009402+0.136%$6K$5Kas long as short
KuCoin PEOPLEUSDTM+0.0099%8h0.0093890.000%$682K$163K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009404+0.160%$445K$330K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009388−0.014%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009403+0.149%$5.7M$18.5M50xas long as short
Bybit PEOPLEUSDTlong+0.0100%8h0.009389long leg$1.7M$2.8M50x
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009402+0.138%$3.5M$9.7M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009398+0.096%$783K$1.7M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009392+0.032%$710K$326K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009393+0.043%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009390+0.011%$9.1M
HTX PEOPLE-USDT+0.0100%8h0.009395+0.064%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009395+0.066%$1885xas long as short
BloFin PEOPLE-USDT+0.0121%8h0.009395+0.064%$355K$109K50xas long as short