PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit+0.163%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$680.683% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.163%, 7d avg +0.035%

Together, before fees−0.265%−$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.128% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PEOPLEUSDT	0.009202	−0.0013	get 0.0013% / 8h	7h 54m	$1.6M	$2.2M	50x
Short	MEXC PEOPLE_USDT	0.009217	0.0100	get 0.0100% / 8h	7h 54m	$681K	$302K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.163%Rate

Funding earned: $23.83
Price spread: +0.163% → +0.035%: $12.78
Slippage, 4 orders: −$53.29
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$31.68
Costs to cover: 0.683%
Break-even: 16.3 days

Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 11 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	1.62 bp	26.1 bp −$26	63.6 bp −$636	doesn't fit	doesn't fit
Sell MEXC live order book, 11 min ago	0.54 bp	10.7 bp −$11	62.9 bp −$629	278.8 bp −$27.9K	508.3 bp −$254.1K

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	−0.1358%	1h	0.009196	−0.067%	$36K	$45K	10x	as long as short
Gate PEOPLE_USDT	−0.0701%	8h	0.009216	+0.152%	$720K	$1.4M	50x	as long as short
KuCoin PEOPLEUSDTM	−0.0078%	8h	0.009207	+0.054%	$659K	$123K	50x	as long as short
Variational Omni PEOPLE	−0.0018%	8h	0.009236	+0.372%	$6K	$3K	—	as long as short
Bybit PEOPLEUSDTlong	−0.0013%	8h	0.009202	long leg	$1.6M	$2.2M	50x
BloFin PEOPLE-USDT	+0.0083%	8h	0.009198	−0.043%	$346K	$87K	50x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009219	+0.185%	$428K	$213K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009213	+0.120%	$8K	$75K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009211	+0.093%	$5.6M	$15.3M	50x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009217	+0.163%	$3.4M	$8.6M	20x	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	0.009217	+0.163%	$681K	$302K	200x
Bitget PEOPLEUSDT	+0.0100%	8h	0.009214	+0.130%	$1.7M	$1.1M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009209	+0.076%	—	$5.7M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009208	+0.065%	$44K	$52K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009206	+0.045%	$184	—	5x	as long as short