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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEOPLE-USDT-SWAP | 0.009211 | 0.0100 | pay 0.0100% / 8h | 46m 55s | $3.3M | $8.5M | 20x |
| Short | Binance PEOPLEUSDT | 0.009216 | 0.0100 | get 0.0100% / 8h | 46m 55s | $5.6M | $15.1M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 1 min ago | 1.09 bp | 17.0 bp −$17 | 61.1 bp −$611 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.63 bp | 16.0 bp −$16 | 46.2 bp −$462 | 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 | −0.1064% | 1h | 0.009206 | −0.058% | $36K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0083% | 8h | 0.009197 | −0.152% | $657K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0015% | 8h | 0.009212 | +0.015% | $6K | $3K | — | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009216 | +0.054% | $428K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009215 | +0.038% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDTshort | +0.0100% | 8h | 0.009216 | +0.050% | $5.6M | $15.1M | 50x | |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009216 | +0.054% | $1.6M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPlong | +0.0100% | 8h | 0.009211 | long leg | $3.3M | $8.5M | 20x | |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009217 | +0.065% | $777K | $1.4M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009218 | +0.076% | $682K | $304K | 200x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009212 | +0.011% | $1.7M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009221 | +0.109% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009209 | −0.022% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009211 | +0.002% | $184 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0126% | 8h | 0.009205 | −0.065% | $348K | $86K | 50x | as long as short |
OKX PEOPLE-USDT-SWAP
Binance PEOPLEUSDT
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Bybit PEOPLEUSDT
Gate PEOPLE_USDT
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT