Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$550.545% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now 0.000%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEOPLE-USDT-SWAP | 0.009132 | 0.0075 | pay 0.0075% / 8h | 20m 15s | $3.3M | $8.5M | 20x |
| Short | MEXC PEOPLE_USDT | 0.009132 | 0.0073 | get 0.0073% / 8h | 20m 15s | $675K | $306K | 200x |
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.43
- Price spread: 0.000% → +0.006%
- −$0.6
- Slippage, 4 orders
- −$40.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$55.55
- Costs to cover
- 0.545%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 50 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, 3 min ago | 1.10 bp | 13.4 bp −$13 | 61.7 bp −$617 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 50 min ago | 1.09 bp | 10.2 bp −$10 | 46.0 bp −$460 | 264.8 bp −$26.5K | 507.1 bp −$253.5K |
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 | −0.1074% | 1h | 0.009125 | −0.073% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0141% | 8h | 0.009114 | −0.197% | $652K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0015% | 8h | 0.009125 | −0.074% | $6K | $3K | — | as long as short |
| MEXC PEOPLE_USDTshort | +0.0073% | 8h | 0.009132 | 0.000% | $675K | $306K | 200x | |
| OKX PEOPLE-USDT-SWAPlong | +0.0075% | 8h | 0.009132 | long leg | $3.3M | $8.5M | 20x | |
| BloFin PEOPLE-USDT | +0.0098% | 8h | 0.009129 | −0.033% | $349K | $86K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009135 | +0.033% | $424K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009134 | +0.018% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009134 | +0.018% | $5.5M | $15.2M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009129 | −0.033% | $1.6M | $2.2M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009131 | −0.011% | $751K | $1.5M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009130 | −0.022% | $1.7M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009133 | +0.011% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009132 | 0.000% | $43K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009132 | −0.001% | $182 | — | 5x | as long as short |
Gate PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD