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: Binance against BingX+0.064%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$700.703% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.071%−$7 · spread now +0.064%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.065% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009134 | 0.0100 | pay 0.0100% / 8h | 1h 47m | — | $5.7M | — |
| Short | Binance PEOPLEUSDT | 0.009140 | 0.0100 | get 0.0100% / 8h | 1h 47m | $5.5M | $15.1M | 50x |
BingX PEOPLE-USDT
Binance PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.064% → −0.001%
- $6.54
- Slippage, 4 orders
- −$50.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.75
- Costs to cover
- 0.703%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 8 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 BingX live order book, 3 min ago | 6.02 bp | 17.1 bp −$17 | 41.4 bp −$414 | 364.1 bp −$36.4K | 476.3 bp −$238.2K |
| Sell Binance live order book, 8 min ago | 0.55 bp | 18.6 bp −$19 | 44.2 bp −$442 | 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 | −0.1240% | 1h | 0.009126 | −0.091% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0146% | 8h | 0.009121 | −0.142% | $651K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0059% | 8h | 0.009146 | +0.128% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009135 | +0.011% | $1.6M | $2.1M | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009137 | +0.033% | $424K | $212K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009138 | +0.043% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDTshort | +0.0100% | 8h | 0.009140 | +0.064% | $5.5M | $15.1M | 50x | |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009137 | +0.033% | $3.3M | $8.4M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009143 | +0.099% | $768K | $1.4M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009129 | −0.055% | $671K | $302K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
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 | 0.009133 | −0.011% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009134 | long leg | — | $5.7M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009127 | −0.077% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009138 | +0.047% | $183 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0130% | 8h | 0.009132 | −0.022% | $347K | $84K | 50x | as long as short |
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT