PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.17 per $10,000 · paid last 24h −0.027%

Price spread now: KuCoin against MEXC0.000%7-day average −0.139% · 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−$76as in the Price arb table

costs, in and out, $10k−$900.901% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now 0.000%, 7d avg −0.139%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.139% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.139%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PEOPLE_USDT	0.009360	0.0100	pay 0.0100% / 8h	2h 04m	$721K	$326K	200x
Short	KuCoin PEOPLEUSDTM	0.009360	0.0083	get 0.0083% / 8h	2h 04m	$680K	$163K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$3.57
Price spread: 0.000% → −0.139%: $13.86
Slippage, 4 orders: −$74.08
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$79.78
Costs to cover: 0.901%
Break-even: never at this rate

Slippage from MEXC: live order book, 36 min ago; KuCoin: live order book, 55 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 MEXC live order book, 36 min ago	1.63 bp	11.9 bp −$12	45.7 bp −$457	271.8 bp −$27.2K	513.2 bp −$256.6K
Sell KuCoin live order book, 55 min ago	14.06 bp	30.8 bp −$31	doesn't fit	doesn't fit	doesn't fit

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	−0.0588%	1h	0.009346	−0.146%	$36K	$48K	10x	as long as short
Variational Omni PEOPLE	−0.0036%	8h	0.009367	+0.073%	$6K	$5K	—	as long as short
KuCoin PEOPLEUSDTMshort	+0.0083%	8h	0.009360	0.000%	$680K	$163K	50x
Hyperliquid PEOPLE	+0.0100%	1h	0.009357	−0.032%	$444K	$329K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009362	+0.020%	$11K	$96K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009360	0.000%	$5.7M	$18.4M	50x	as long as short
Bybit PEOPLEUSDT	+0.0100%	8h	0.009359	−0.011%	$1.7M	$2.8M	50x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009354	−0.064%	$3.4M	$9.7M	20x	as long as short
Gate PEOPLE_USDT	+0.0100%	8h	0.009361	+0.011%	$782K	$1.7M	50x	as long as short
MEXC PEOPLE_USDTlong	+0.0100%	8h	0.009360	long leg	$721K	$326K	200x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEOPLEUSDT	+0.0100%	8h	0.009359	−0.011%	$1.8M	$1.4M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009358	−0.021%	—	$7.5M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009347	−0.139%	$44K	$51K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009367	+0.073%	$188	—	5x	as long as short
BloFin PEOPLE-USDT	+0.0120%	8h	0.009366	+0.064%	$348K	$108K	50x	as long as short