PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bitget−0.118%7-day average +0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$830.830% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.118%, 7d avg +0.071%

Together, before fees+0.125%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.188% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.071%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PEOPLEUSDT	0.009360	0.0100	pay 0.0100% / 8h	10m 25s	$1.8M	$1.4M	50x
Short	MEXC PEOPLE_USDT	0.009349	0.0078	get 0.0078% / 8h	10m 25s	$703K	$325K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$4.62
Price spread: −0.118% → +0.071%: −$18.82
Slippage, 4 orders: −$67.05
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$106.48
Costs to cover: 0.830%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 20 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, 1 min ago	5.37 bp	36.5 bp −$37	81.0 bp −$810	doesn't fit	doesn't fit
Sell MEXC live order book, 20 min ago	1.61 bp	13.7 bp −$14	37.5 bp −$375	253.1 bp −$25.3K	500.7 bp −$250.3K

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	−0.0424%	1h	0.009345	−0.160%	$36K	$48K	10x	as long as short
Variational Omni PEOPLE	−0.0021%	8h	0.009308	−0.552%	$6K	$5K	—	as long as short
MEXC PEOPLE_USDTshort	+0.0078%	8h	0.009349	−0.118%	$703K	$325K	200x
OKX PEOPLE-USDT-SWAP	+0.0080%	8h	0.009345	−0.160%	$3.4M	$9.7M	20x	as long as short
BloFin PEOPLE-USDT	+0.0081%	8h	0.009318	−0.449%	$353K	$111K	50x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009348	−0.128%	$442K	$337K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009352	−0.080%	$11K	$96K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009354	−0.067%	$5.7M	$18.7M	50x	as long as short
Bybit PEOPLEUSDT	+0.0100%	8h	0.009345	−0.160%	$1.7M	$2.8M	50x	as long as short
Gate PEOPLE_USDT	+0.0100%	8h	0.009353	−0.075%	$789K	$1.7M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin PEOPLEUSDTM	+0.0100%	8h	0.009324	−0.385%	$672K	$165K	50x	as long as short
Bitget PEOPLEUSDTlong	+0.0100%	8h	0.009360	long leg	$1.8M	$1.4M	50x
BingX PEOPLE-USDT	+0.0100%	8h	0.009341	−0.203%	—	$10.7M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009318	−0.449%	$44K	$51K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009351	−0.094%	$187	—	5x	as long as short