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+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.021%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$860.863% of the position
Long on MEXCShort on Bybit
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)+0.245%+$25 · spread now +0.021%, 7d avg −0.037%
Together, before fees+0.251%+$25 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: Bybit is 0.058% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEOPLE_USDT0.0094970.0091pay 0.0091% / 8h3h 50m$700K$298K200x
ShortBybit PEOPLEUSDT0.0094990.0100get 0.0100% / 8h3h 50m$1.7M$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$1.89
Price spread: +0.021% → −0.037%
$5.82
Slippage, 4 orders
−$71.26
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$78.54
Costs to cover
0.863%
Break-even
297.9 days
Slippage from MEXC: live order book, 60 min ago; Bybit: live order book, 1 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, 60 min ago2.72 bp12.8 bp −$1359.5 bp −$595259.0 bp −$25.9K507.8 bp −$253.9K
Sell Bybit live order book, 1 min ago4.22 bp31.0 bp −$3166.9 bp −$669doesn'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−0.0389%1h0.009532+0.366%$36K$46K10xas long as short
Gate PEOPLE_USDT−0.0087%8h0.009514+0.179%$755K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0013%8h0.009513+0.168%$667K$154K50xas long as short
Variational Omni PEOPLE−0.0011%8h0.009511+0.146%$6K$2K—as long as short
MEXC PEOPLE_USDTlong+0.0091%8h0.009497long leg$700K$298K200x
OKX PEOPLE-USDT-SWAP+0.0091%8h0.009506+0.095%$3.4M$9.3M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009511+0.147%$493K$268K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009516+0.204%$4K$87K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009509+0.128%$5.9M$17.0M50xas long as short
Bybit PEOPLEUSDTshort+0.0100%8h0.009499+0.021%$1.7M$2.5M50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009509+0.126%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009515+0.190%—$7.5M—as long as short
HTX PEOPLE-USDT+0.0100%8h0.009520+0.242%$45K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009505+0.083%$190—5xas long as short
BloFin PEOPLE-USDT+0.0105%8h0.009539+0.442%$362K$104K50xas long as short