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: OKX against BingX+0.118%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.118%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.097% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009325 | 0.0100 | pay 0.0100% / 8h | 1h 51m | — | $7.5M | — |
| Short | OKX PEOPLE-USDT-SWAP | 0.009336 | 0.0100 | get 0.0100% / 8h | 1h 51m | $3.4M | $9.6M | 20x |
BingX PEOPLE-USDT
OKX PEOPLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.118% → +0.021%
- $9.74
- Slippage, 4 orders
- −$47.92
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.18
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; OKX: 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, 1 min ago | 4.83 bp | 18.1 bp −$18 | 44.6 bp −$446 | 408.5 bp −$40.8K | 511.0 bp −$255.5K |
| Sell OKX live order book, 2 min ago | 1.07 bp | 12.9 bp −$13 | 37.2 bp −$372 | 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 | −0.0457% | 1h | 0.009316 | −0.101% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0026% | 8h | 0.009314 | −0.119% | $6K | $5K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0091% | 8h | 0.009323 | −0.021% | $677K | $163K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009322 | −0.032% | $442K | $330K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009325 | +0.002% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009336 | +0.118% | $5.7M | $18.4M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009331 | +0.064% | $1.7M | $2.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPshort | +0.0100% | 8h | 0.009336 | +0.118% | $3.4M | $9.6M | 20x | |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009327 | +0.021% | $780K | $1.7M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009321 | −0.043% | $729K | $319K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
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 | 0.009330 | +0.054% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009325 | long leg | — | $7.5M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009326 | +0.011% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009322 | −0.028% | $187 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0130% | 8h | 0.009321 | −0.043% | $354K | $108K | 50x | as long as short |
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT