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

PEOPLE

All PEOPLE markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotPEOPLE-USDT
0.006024spotno funding——$994K1xBuy OKX Spot
SHORT
OKXPEOPLE-USDT-SWAP
0.006026+0.0100get 0.0100% / 8h7h 45m$1.8M$3.8M20xShort OKX
Price gap+0.033%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.046% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1+0.0100% /8h now · paid −0.006% over the last 7D
Price+$5spread +0.033% now, avg −0.013% → +0.046% if it goes back
Costs−$1061.058% of $10k · taker + slippage, in and out
Result−$102−1.02%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.033%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEOPLE on 15 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size37.8 / 19.5 bp
    At $10k entering OKX Spot costs 37.8 bp, fee and slippage, 1.9× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; OKX runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; OKX settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, +$3.00.
  • OK: Entry gap works for you+0.033% vs −0.013%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.8M OI
    Only OKX reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0003%/8h × 21 periods−$0.57
Price spread+0.033% → −0.013% (7d avg)+$4.58
Slippage, 4 orderslive order books−$75.81
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$101.80
Costs to cover1.058%Break-evennever at this rate
Slippage: OKX Spot: live order book, 15 min ago; OKX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot4.2037.8 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX3.3519.5 bp−$2087.4 bp−$874doesn’t fitdoesn’t fit

Closing costs about the same again.

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