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

PEOPLE

all PEOPLE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0183%/8h= +20.0% APRnext payment +$1.83 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against KuCoin+0.076%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1391.389% of the position
Long on KuCoinShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$11 on $10k
Price spread, last 3 days (all we have)+0.042%+$4 · spread now +0.076%, 7d avg +0.091%
Together, before fees+0.147%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PEOPLEUSDTM0.009210−0.0071get 0.0071% / 8h7h 51m$659K$123K50x
ShortBloFin PEOPLE-USDT0.0092170.0112get 0.0112% / 8h7h 51m$348K$87K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$38.33
Price spread: +0.076% → +0.091%
−$1.54
Slippage, 4 orders
−$114.93
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$102.14
Costs to cover
1.389%
Break-even
25.7 days
Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago13.57 bp77.0 bp −$77973.5 bp −$9,735doesn't fitdoesn't fit
Sell BloFin live order book, 19 min ago2.73 bp21.6 bp −$2237.2 bp −$372doesn't fitdoesn't fit

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−0.1357%1h0.009206−0.048%$36K$45K10xas long as short
Gate PEOPLE_USDT−0.1025%8h0.009208−0.022%$720K$1.4M50xas long as short
KuCoin PEOPLEUSDTMlong−0.0071%8h0.009210long leg$659K$123K50x
Bybit PEOPLEUSDT−0.0047%8h0.009204−0.065%$1.6M$2.2M50xas long as short
Variational Omni PEOPLE−0.0021%8h0.009209−0.015%$6K$3K—as long as short
Hyperliquid PEOPLE+0.0100%1h0.009214+0.043%$427K$213K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009224+0.152%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009215+0.059%$5.6M$15.3M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009211+0.011%$3.4M$8.6M20xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.0092100.000%$681K$302K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009215+0.054%$1.7M$1.2M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009212+0.022%—$5.7M—as long as short
HTX PEOPLE-USDT+0.0100%8h0.009213+0.033%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009213+0.036%$184—5xas long as short
BloFin PEOPLE-USDTshort+0.0112%8h0.009217+0.076%$348K$87K50x