Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Bitget−0.011%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)+0.385%+$38 · spread now −0.011%, 7d avg +0.020%
=Funding pays, the price is against you. BloFin is 0.030% cheaper against Bitget than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.020%). If the spread goes back, that is −$3 on $10k: about 4.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEOPLEUSDT | 0.009249 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $1.7M | $1.1M | 50x |
| Short | BloFin PEOPLE-USDT | 0.009248 | 0.0123 | get 0.0123% / 8h | 3h 30m | $346K | $84K | 50x |
Bitget PEOPLEUSDT
BloFin PEOPLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $4.86
- Price spread: −0.011% → +0.020%
- −$3.05
- Slippage, 4 orders
- −$48.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.33
- Costs to cover
- 0.721%
- Break-even
- 108.3 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 14 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 Bitget live order book, 2 min ago | 6.49 bp | 19.6 bp −$20 | 57.4 bp −$574 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 1.09 bp | 15.1 bp −$15 | 34.5 bp −$345 | 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 | 0.009241 | −0.084% | $36K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0116% | 8h | 0.009242 | −0.076% | $667K | $119K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0071% | 8h | 0.009205 | −0.480% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0035% | 8h | 0.009245 | −0.043% | $1.6M | $2.1M | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009253 | +0.043% | $433K | $212K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009256 | +0.075% | $8K | $74K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009255 | +0.063% | $5.4M | $15.0M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009251 | +0.022% | $3.4M | $8.5M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009253 | +0.043% | $776K | $1.5M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009251 | +0.022% | $662K | $300K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTlong | +0.0100% | 8h | 0.009249 | long leg | $1.7M | $1.1M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009252 | +0.032% | — | $5.4M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009246 | −0.032% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009255 | +0.060% | $185 | — | 5x | as long as short |
| BloFin PEOPLE-USDTshort | +0.0123% | 8h | 0.009248 | −0.011% | $346K | $84K | 50x |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD