Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance+0.152%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.152%, 7d avg −0.012%
=The price spread pays, funding is against you. BloFin is 0.164% dearer against Binance than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.012%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PEOPLEUSDT | 0.009543 | 0.0100 | pay 0.0100% / 8h | 3h 44m | $6.0M | $17.2M | 50x |
| Short | BloFin PEOPLE-USDT | 0.009558 | 0.0080 | get 0.0080% / 8h | 3h 44m | $360K | $104K | 50x |
Binance PEOPLEUSDT
BloFin PEOPLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$4.29
- Price spread: +0.152% → −0.012%
- $16.4
- Slippage, 4 orders
- −$51.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.12
- Costs to cover
- 0.732%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 37 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 Binance live order book, 11 min ago | 2.12 bp | 22.1 bp −$22 | 76.6 bp −$766 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 2.68 bp | 16.8 bp −$17 | 32.0 bp −$320 | 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 | −0.0388% | 1h | 0.009563 | +0.205% | $36K | $46K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0087% | 8h | 0.009541 | −0.026% | $758K | $1.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0014% | 8h | 0.009535 | −0.089% | $669K | $154K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0013% | 8h | 0.009533 | −0.111% | $6K | $2K | — | as long as short |
| BloFin PEOPLE-USDTshort | +0.0080% | 8h | 0.009558 | +0.152% | $360K | $104K | 50x | |
| MEXC PEOPLE_USDT | +0.0093% | 8h | 0.009551 | +0.079% | $701K | $299K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0094% | 8h | 0.009529 | −0.152% | $3.5M | $9.4M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009546 | +0.027% | $495K | $271K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009551 | +0.079% | $4K | $87K | 5x | as long as short |
| Binance PEOPLEUSDTlong | +0.0100% | 8h | 0.009543 | long leg | $6.0M | $17.2M | 50x |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Aster PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009528 | −0.162% | $1.7M | $2.5M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009545 | +0.016% | $1.9M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009534 | −0.099% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009556 | +0.131% | $45K | $50K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009541 | −0.029% | $191 | — | 5x | as long as short |
Bybit PEOPLEUSDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD