Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.022%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now −0.022%, 7d avg −0.039%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEOPLE-USDT-SWAP | 0.009275 | 0.0088 | pay 0.0088% / 8h | 3h 02m | $3.4M | $9.4M | 20x |
| Short | Bybit PEOPLEUSDT | 0.009273 | 0.0088 | get 0.0088% / 8h | 3h 02m | $1.7M | $2.7M | 50x |
OKX PEOPLE-USDT-SWAP
Bybit PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0.01
- Price spread: −0.022% → −0.039%
- $1.79
- Slippage, 4 orders
- −$65.15
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$84.35
- Costs to cover
- 0.861%
- Break-even
- 39705.6 days
Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago | 2.69 bp | 14.4 bp −$14 | 87.9 bp −$879 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.22 bp | 24.7 bp −$25 | 59.6 bp −$596 | 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 | −0.0399% | 1h | 0.009282 | +0.071% | $36K | $47K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0161% | 8h | 0.009289 | +0.151% | $715K | $1.6M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0040% | 8h | 0.009307 | +0.349% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0011% | 8h | 0.009296 | +0.226% | $664K | $159K | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPlong | +0.0088% | 8h | 0.009275 | long leg | $3.4M | $9.4M | 20x | |
| Bybit PEOPLEUSDTshort | +0.0088% | 8h | 0.009273 | −0.022% | $1.7M | $2.7M | 50x | |
| MEXC PEOPLE_USDT | +0.0090% | 8h | 0.009287 | +0.129% | $694K | $316K | 200x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009283 | +0.086% | $485K | $285K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009293 | +0.193% | $9K | $92K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009282 | +0.075% | $5.8M | $17.8M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
MEXC PEOPLE_USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009278 | +0.032% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009297 | +0.237% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009286 | +0.119% | $44K | $50K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0100% | 8h | 0.009288 | +0.140% | $360K | $104K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009286 | +0.123% | $186 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
BloFin PEOPLE-USDT
Extended PEOPLE-USD