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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.064%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$630.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.064%, 7d avg −0.020%
Together, before fees+0.137%+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.044% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEOPLE_USDT0.0093490.0100pay 0.0100% / 8h1h 57m$731K$318K200x
ShortBingX PEOPLE-USDT0.0093430.0100get 0.0100% / 8h1h 57m$7.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
$0
Price spread: −0.064% → −0.020%
−$4.42
Slippage, 4 orders
−$48.88
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$67.3
Costs to cover
0.629%
Break-even
never at this rate
Slippage from MEXC: live order book, 43 min ago; BingX: live order book, 10 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 MEXC live order book, 43 min ago1.63 bp11.9 bp −$1245.7 bp −$457271.8 bp −$27.2K513.2 bp −$256.6K
Sell BingX live order book, 10 min ago4.79 bp21.0 bp −$2151.2 bp −$512387.6 bp −$38.8K513.4 bp −$256.7K

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−0.0456%1h0.009338−0.122%$36K$48K10xas long as short
Variational Omni PEOPLE−0.0029%8h0.009347−0.024%$6K$5Kas long as short
BloFin PEOPLE-USDT+0.0093%8h0.009350+0.011%$353K$108K50xas long as short
KuCoin PEOPLEUSDTM+0.0096%8h0.009341−0.086%$679K$163K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.0093490.000%$444K$330K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009343−0.061%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009347−0.023%$5.7M$18.4M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009338−0.118%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009341−0.086%$3.4M$9.6M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009352+0.032%$782K$1.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDTlong+0.0100%8h0.009349long leg$731K$318K200x
Bitget PEOPLEUSDT+0.0100%8h0.009342−0.075%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009343−0.064%$7.5M
HTX PEOPLE-USDT+0.0100%8h0.009350+0.011%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009344−0.051%$1885xas long as short