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: MEXC against Binance+0.054%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.054%, 7d avg +0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PEOPLEUSDT | 0.009306 | 0.0100 | pay 0.0100% / 8h | 1h 40m | $5.7M | $18.5M | 50x |
| Short | MEXC PEOPLE_USDT | 0.009311 | 0.0100 | get 0.0100% / 8h | 1h 40m | $729K | $321K | 200x |
Binance PEOPLEUSDT
MEXC PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.054% → +0.038%
- $1.54
- Slippage, 4 orders
- −$48.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$60.88
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; MEXC: live order book, 60 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, 16 min ago | 1.07 bp | 18.0 bp −$18 | 55.5 bp −$555 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 60 min ago | 1.63 bp | 10.5 bp −$10 | 45.3 bp −$453 | 267.6 bp −$26.8K | 502.1 bp −$251.1K |
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 | −0.0458% | 1h | 0.009297 | −0.094% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0030% | 8h | 0.009330 | +0.262% | $6K | $5K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0080% | 8h | 0.009324 | +0.193% | $678K | $163K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009308 | +0.021% | $442K | $330K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009305 | −0.011% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDTlong | +0.0100% | 8h | 0.009306 | long leg | $5.7M | $18.5M | 50x | |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009300 | −0.064% | $1.7M | $2.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009304 | −0.021% | $3.4M | $9.6M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009328 | +0.236% | $776K | $1.7M | 50x | as long as short |
| MEXC PEOPLE_USDTshort | +0.0100% | 8h | 0.009311 | +0.054% | $729K | $321K | 200x |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Gate PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009315 | +0.097% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009314 | +0.086% | — | $9.1M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009320 | +0.150% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009302 | −0.044% | $187 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0116% | 8h | 0.009343 | +0.398% | $354K | $108K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT