Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against BingX+0.128%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Long on BingXShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.128%, 7d avg −0.036%
Together, before fees−0.075%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.165% dearer against BingX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PEOPLE-USDT0.0093420.0100pay 0.0100% / 8h3h 16m—$7.5M—
ShortBloFin PEOPLE-USDT0.0093540.0108get 0.0108% / 8h3h 16m$369K$104K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.72
Price spread: +0.128% → −0.036%
$16.47
Slippage, 4 orders
−$58.33
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$62.14
Costs to cover
0.803%
Break-even
259.7 days
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 6 min ago5.89 bp22.3 bp −$2248.7 bp −$487434.6 bp −$43.5K505.8 bp −$252.9K
Sell BloFin live order book, 65 min ago2.68 bp16.8 bp −$1732.0 bp −$320doesn't fitdoesn't fit

PEOPLE on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSD−0.0396%1h0.009351+0.095%$36K$47K10xas long as short
Gate PEOPLE_USDT−0.0154%8h0.009346+0.043%$722K$1.6M50xas long as short
Variational Omni PEOPLE−0.0032%8h0.009350+0.090%$7K$3K—as long as short
KuCoin PEOPLEUSDTM−0.0006%8h0.009351+0.096%$668K$158K50xas long as short
Bybit PEOPLEUSDT+0.0081%8h0.009308−0.364%$1.7M$2.6M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0083%8h0.009310−0.343%$3.5M$9.4M20xas long as short
MEXC PEOPLE_USDT+0.0083%8h0.009345+0.032%$711K$308K200xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009351+0.096%$485K$281K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009329−0.140%$4K$87K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009321−0.227%$5.8M$17.6M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009315−0.289%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDTlong+0.0100%8h0.009342long leg—$7.5M—
HTX PEOPLE-USDT+0.0100%8h0.009355+0.139%$44K$50K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009339−0.028%$187—5xas long as short
BloFin PEOPLE-USDTshort+0.0108%8h0.009354+0.128%$369K$104K50x