Funding you earn now, next payment 16:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against MEXC−0.011%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.613%+$61 · spread now −0.011%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PEOPLE_USDT | 0.009272 | 0.0059 | pay 0.0059% / 8h | 7h 42m | $701K | $322K | 200x |
| Short | OKX PEOPLE-USDT-SWAP | 0.009271 | 0.0056 | get 0.0056% / 8h | 7h 42m | $3.4M | $9.5M | 20x |
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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
- −$0.54
- Price spread: −0.011% → −0.006%
- −$0.47
- Slippage, 4 orders
- −$46.44
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$61.46
- Costs to cover
- 0.604%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 47 min ago; OKX: live order book, 5 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, 47 min ago | 1.61 bp | 11.6 bp −$12 | 42.2 bp −$422 | 251.9 bp −$25.2K | 504.6 bp −$252.3K |
| Sell OKX live order book, 5 min ago | 1.07 bp | 16.8 bp −$17 | 39.1 bp −$391 | 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 | −0.1138% | 1h | 0.009274 | +0.017% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0023% | 8h | 0.009288 | +0.172% | $6K | $5K | — | as long as short |
| OKX PEOPLE-USDT-SWAPshort | +0.0056% | 8h | 0.009271 | −0.011% | $3.4M | $9.5M | 20x | |
| MEXC PEOPLE_USDTlong | +0.0059% | 8h | 0.009272 | long leg | $701K | $322K | 200x | |
| Bybit PEOPLEUSDT | +0.0097% | 8h | 0.009272 | 0.000% | $1.7M | $2.8M | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009278 | +0.065% | $434K | $346K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009294 | +0.242% | $11K | $95K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009282 | +0.104% | $5.7M | $18.5M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009292 | +0.216% | $784K | $1.6M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009293 | +0.226% | $670K | $165K | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
Bybit PEOPLEUSDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009289 | +0.183% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009277 | +0.054% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009283 | +0.119% | $44K | $51K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0103% | 8h | 0.009287 | +0.162% | $351K | $111K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009279 | +0.081% | $186 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
BloFin PEOPLE-USDT
Extended PEOPLE-USD