PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.80 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Bybit+0.152%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$1141.139% of the position

Long on Bybit Short on Bitget

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−0.133%−$13 · spread now +0.152%, 7d avg −0.033%

Together, before fees−0.071%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.185% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PEOPLEUSDT	0.009191	0.0020	pay 0.0020% / 8h	4h 49m	$1.7M	$2.4M	50x
Short	Bitget PEOPLEUSDT	0.009205	0.0100	get 0.0100% / 8h	4h 49m	$1.8M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now +0.152%Rate

Funding earned: $16.79
Price spread: +0.152% → −0.033%: $18.5
Slippage, 4 orders: −$90.86
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$78.57
Costs to cover: 1.139%
Break-even: 39.8 days

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago	4.34 bp	24.6 bp −$25	62.1 bp −$621	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	6.50 bp	27.5 bp −$27	68.0 bp −$680	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	−0.0888%	1h	0.009216	+0.272%	$35K	$46K	10x	as long as short
Gate PEOPLE_USDT	−0.0370%	8h	0.009218	+0.294%	$738K	$1.5M	50x	as long as short
KuCoin PEOPLEUSDTM	−0.0053%	8h	0.009210	+0.207%	$655K	$151K	50x	as long as short
Variational Omni PEOPLE	−0.0037%	8h	0.009218	+0.293%	$6K	$2K	—	as long as short
Bybit PEOPLEUSDTlong	+0.0020%	8h	0.009191	long leg	$1.7M	$2.4M	50x
OKX PEOPLE-USDT-SWAP	+0.0053%	8h	0.009191	0.000%	$3.3M	$8.7M	20x	as long as short
MEXC PEOPLE_USDT	+0.0055%	8h	0.009197	+0.065%	$683K	$299K	200x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009215	+0.261%	$427K	$224K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009214	+0.247%	$9K	$80K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009212	+0.228%	$5.7M	$16.5M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEOPLEUSDTshort	+0.0100%	8h	0.009205	+0.152%	$1.8M	$1.3M	50x
BingX PEOPLE-USDT	+0.0100%	8h	0.009203	+0.131%	—	$7.5M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009220	+0.316%	$43K	$53K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009208	+0.185%	$185	—	5x	as long as short
BloFin PEOPLE-USDT	+0.0112%	8h	0.009232	+0.446%	$355K	$98K	50x	as long as short