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: Bybit against BingX−0.086%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$990.990% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.086%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.067% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009355 | 0.0100 | pay 0.0100% / 8h | 1h 45m | — | $7.5M | — |
| Short | Bybit PEOPLEUSDT | 0.009347 | 0.0100 | get 0.0100% / 8h | 1h 45m | $1.7M | $2.8M | 50x |
BingX PEOPLE-USDT
Bybit PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.086% → −0.019%
- −$6.68
- Slippage, 4 orders
- −$78.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$105.71
- Costs to cover
- 0.990%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 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 BingX live order book, 7 min ago | 4.83 bp | 18.1 bp −$18 | 44.6 bp −$446 | 408.5 bp −$40.8K | 511.0 bp −$255.5K |
| Sell Bybit live order book, 2 min ago | 2.67 bp | 32.0 bp −$32 | 65.8 bp −$658 | 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 | −0.0456% | 1h | 0.009350 | −0.056% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0020% | 8h | 0.009339 | −0.172% | $6K | $5K | — | as long as short |
| BloFin PEOPLE-USDT | +0.0099% | 8h | 0.009342 | −0.139% | $353K | $108K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009348 | −0.075% | $444K | $330K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009359 | +0.043% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009362 | +0.072% | $5.7M | $18.4M | 50x | as long as short |
| Bybit PEOPLEUSDTshort | +0.0100% | 8h | 0.009347 | −0.086% | $1.7M | $2.8M | 50x | |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009345 | −0.107% | $3.4M | $9.7M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009363 | +0.086% | $780K | $1.7M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009345 | −0.107% | $733K | $320K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009352 | −0.032% | $680K | $163K | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009353 | −0.021% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009355 | long leg | — | $7.5M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009352 | −0.032% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009360 | +0.049% | $188 | — | 5x | as long as short |
KuCoin PEOPLEUSDTM
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD