Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against KuCoin+0.022%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1111.111% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now +0.022%, 7d avg +0.119%
=Funding pays, the price is against you. BingX is 0.097% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.119%). If the spread goes back, that is −$10 on $10k: about 4.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEOPLEUSDTM | 0.009154 | 0.0025 | pay 0.0025% / 8h | 2h 30m | $660K | $162K | 50x |
| Short | BingX PEOPLE-USDT | 0.009156 | 0.0100 | get 0.0100% / 8h | 2h 30m | — | $7.5M | — |
KuCoin PEOPLEUSDTM
BingX PEOPLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $15.75
- Price spread: +0.022% → +0.119%
- −$9.69
- Slippage, 4 orders
- −$89.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$105
- Costs to cover
- 1.111%
- Break-even
- 53.7 days
Slippage from KuCoin: live order book, 29 min ago; BingX: live order book, 7 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 KuCoin live order book, 29 min ago | 14.06 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.80 bp | 23.0 bp −$23 | 50.2 bp −$502 | 361.5 bp −$36.2K | 491.1 bp −$245.6K |
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 | −0.0601% | 1h | 0.009145 | −0.097% | $35K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0062% | 8h | 0.009137 | −0.185% | $6K | $4K | — | as long as short |
| Gate PEOPLE_USDT | −0.0049% | 8h | 0.009157 | +0.033% | $765K | $1.7M | 50x | as long as short |
| KuCoin PEOPLEUSDTMlong | +0.0025% | 8h | 0.009154 | long leg | $660K | $162K | 50x | |
| Bybit PEOPLEUSDT | +0.0073% | 8h | 0.009149 | −0.055% | $1.7M | $2.7M | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0084% | 8h | 0.009148 | −0.066% | $354K | $104K | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0094% | 8h | 0.009157 | +0.033% | $678K | $316K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0095% | 8h | 0.009155 | +0.011% | $3.4M | $9.4M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009158 | +0.044% | $433K | $333K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009154 | +0.004% | $11K | $96K | 5x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
Gate PEOPLE_USDT
Bybit PEOPLEUSDT
BloFin PEOPLE-USDT
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Aster PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009163 | +0.093% | $5.7M | $18.2M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009157 | +0.033% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDTshort | +0.0100% | 8h | 0.009156 | +0.022% | — | $7.5M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009150 | −0.044% | $43K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009155 | +0.007% | $183 | — | 5x | as long as short |
Binance PEOPLEUSDT
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD