Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bybit+0.128%72s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as 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−$890.895% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.128%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.141% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 72 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 | Bybit PEOPLEUSDT | 0.009343 | 0.0083 | pay 0.0083% / 8h | 4h 24m | $1.7M | $2.4M | 50x |
| Short | BloFin PEOPLE-USDT | 0.009355 | 0.0112 | get 0.0112% / 8h | 4h 24m | $353K | $100K | 50x |
Bybit PEOPLEUSDT
BloFin PEOPLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $6.02
- Price spread: +0.128% → −0.013%
- $14.11
- Slippage, 4 orders
- −$66.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.32
- Costs to cover
- 0.895%
- Break-even
- 87.6 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 68 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, 3 min ago | 1.61 bp | 27.3 bp −$27 | 62.7 bp −$627 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 68 min ago | 2.14 bp | 19.4 bp −$19 | 38.6 bp −$386 | 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 | −0.0877% | 1h | 0.009340 | −0.037% | $35K | $46K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0107% | 8h | 0.009349 | +0.064% | $745K | $1.5M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0017% | 8h | 0.009297 | −0.495% | $6K | $2K | — | as long as short |
| KuCoin PEOPLEUSDTM | −0.0003% | 8h | 0.009349 | +0.064% | $665K | $151K | 50x | as long as short |
| Bybit PEOPLEUSDTlong | +0.0083% | 8h | 0.009343 | long leg | $1.7M | $2.4M | 50x | |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009345 | +0.021% | $459K | $248K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009350 | +0.075% | $6K | $84K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009347 | +0.047% | $5.7M | $16.7M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009330 | −0.139% | $3.3M | $8.9M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009345 | +0.021% | $694K | $301K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009347 | +0.043% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009348 | +0.054% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009340 | −0.032% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009348 | +0.049% | $187 | — | 5x | as long as short |
| BloFin PEOPLE-USDTshort | +0.0112% | 8h | 0.009355 | +0.128% | $353K | $100K | 50x |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD