Settings8H · net · $10k
Funding arb · Price arb /

PEOPLE

all PEOPLE markets
SwapBacktest
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: Bybit against HTX−0.033%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.033% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEOPLE-USDT0.0092180.0100pay 0.0100% / 8h4h 50m$43K$53K50x
ShortBybit PEOPLEUSDT0.0092150.0020get 0.0020% / 8h4h 50m$1.7M$2.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
−$16.79
Price spread: −0.033% → 0.000%
−$3.25
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$43.05
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Bybit live order book, 2 min ago4.34 bp32.8 bp −$3365.0 bp −$650doesn't fitdoesn't fit
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0888%1h0.009224+0.068%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0370%8h0.009229+0.119%$738K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0053%8h0.009224+0.065%$656K$151K50xas long as short
Variational Omni PEOPLE−0.0037%8h0.009218−0.001%$6K$2Kas long as short
Bybit PEOPLEUSDTshort+0.0020%8h0.009215−0.033%$1.7M$2.4M50x
OKX PEOPLE-USDT-SWAP+0.0053%8h0.0092180.000%$3.3M$8.8M20xas long as short
MEXC PEOPLE_USDT+0.0055%8h0.009226+0.087%$686K$299K200xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009227+0.098%$427K$223K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009223+0.055%$9K$79K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009226+0.089%$5.7M$16.5M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009226+0.087%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009226+0.087%$7.5Mas long as short
HTX PEOPLE-USDTlong+0.0100%8h0.009218long leg$43K$53K50x
Extended PEOPLE-USD+0.0104%1h0.009226+0.092%$1855xas long as short
BloFin PEOPLE-USDT+0.0112%8h0.009232+0.152%$355K$98K50xas long as short