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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.050%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$640.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 7 days−0.046%−$5 · spread now +0.050%, 7d avg −0.022%
Together, before fees−0.012%−$1 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: Binance is 0.073% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEOPLE-USDT-SWAP0.0092110.0100pay 0.0100% / 8h46m 55s$3.3M$8.5M20x
ShortBinance PEOPLEUSDT0.0092160.0100get 0.0100% / 8h46m 55s$5.6M$15.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.050% → −0.022%
$7.27
Slippage, 4 orders
−$44.17
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$56.9
Costs to cover
0.642%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 9 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 OKX live order book, 1 min ago1.09 bp17.0 bp −$1761.1 bp −$611doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.63 bp16.0 bp −$1646.2 bp −$462doesn'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−0.1064%1h0.009206−0.058%$36K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0083%8h0.009197−0.152%$657K$123K50xas long as short
Variational Omni PEOPLE−0.0015%8h0.009212+0.015%$6K$3Kas long as short
Hyperliquid PEOPLE+0.0100%1h0.009216+0.054%$428K$213K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009215+0.038%$8K$75K5xas long as short
Binance PEOPLEUSDTshort+0.0100%8h0.009216+0.050%$5.6M$15.1M50x
Bybit PEOPLEUSDT+0.0100%8h0.009216+0.054%$1.6M$2.2M50xas long as short
OKX PEOPLE-USDT-SWAPlong+0.0100%8h0.009211long leg$3.3M$8.5M20x
Gate PEOPLE_USDT+0.0100%8h0.009217+0.065%$777K$1.4M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009218+0.076%$682K$304K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009212+0.011%$1.7M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009221+0.109%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009209−0.022%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009211+0.002%$1845xas long as short
BloFin PEOPLE-USDT+0.0126%8h0.009205−0.065%$348K$86K50xas long as short