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: Bybit against Binance−0.026%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.026%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PEOPLEUSDT | 0.009243 | 0.0100 | pay 0.0100% / 8h | 45m 03s | $5.6M | $15.2M | 50x |
| Short | Bybit PEOPLEUSDT | 0.009241 | 0.0100 | get 0.0100% / 8h | 45m 03s | $1.6M | $2.2M | 50x |
Binance PEOPLEUSDT
Bybit PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.026% → −0.015%
- −$1.11
- Slippage, 4 orders
- −$64.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$86.66
- Costs to cover
- 0.856%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 2 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 | 1.63 bp | 15.6 bp −$16 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.17 bp | 24.1 bp −$24 | 62.8 bp −$628 | 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 | −0.1061% | 1h | 0.009235 | −0.094% | $36K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0078% | 8h | 0.009235 | −0.091% | $660K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0007% | 8h | 0.009220 | −0.255% | $6K | $3K | — | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009243 | −0.005% | $429K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009248 | +0.045% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDTlong | +0.0100% | 8h | 0.009243 | long leg | $5.6M | $15.2M | 50x | |
| Bybit PEOPLEUSDTshort | +0.0100% | 8h | 0.009241 | −0.026% | $1.6M | $2.2M | 50x | |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009236 | −0.080% | $3.4M | $8.6M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009252 | +0.093% | $779K | $1.4M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009238 | −0.059% | $684K | $304K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Hyperliquid PEOPLE
Aster PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Gate PEOPLE_USDT
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009248 | +0.050% | $1.7M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009244 | +0.006% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009238 | −0.059% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009245 | +0.018% | $185 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0109% | 8h | 0.009247 | +0.039% | $349K | $86K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT