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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
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 Bitget−0.130%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1441.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 7 days+0.230%+$23 · spread now −0.130%, 7d avg +0.070%
Together, before fees+0.163%+$16 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: OKX is 0.200% cheaper against Bitget than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PEOPLEUSDT0.0092520.0100pay 0.0100% / 8h2h 47m$1.8M$1.3M50x
ShortOKX PEOPLE-USDT-SWAP0.0092400.0100get 0.0100% / 8h2h 47m$3.4M$9.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: −0.130% → +0.070%
−$20.01
Slippage, 4 orders
−$122.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$164.16
Costs to cover
1.442%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 5 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 Bitget live order book, 4 min ago4.88 bp62.2 bp −$62175.2 bp −$1,752doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.08 bp11.6 bp −$1242.6 bp −$426doesn'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−0.0595%1h0.009249−0.034%$36K$48K10xas long as short
Gate PEOPLE_USDT−0.0124%8h0.009247−0.054%$713K$1.6M50xas long as short
Variational Omni PEOPLE−0.0044%8h0.009245−0.077%$7K$3Kas long as short
KuCoin PEOPLEUSDTM+0.0030%8h0.009245−0.076%$660K$160K50xas long as short
Bybit PEOPLEUSDT+0.0083%8h0.009233−0.205%$1.7M$2.7M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009263+0.119%$439K$331K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009256+0.048%$11K$94K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009254+0.019%$5.8M$17.9M50xas long as short
OKX PEOPLE-USDT-SWAPshort+0.0100%8h0.009240−0.130%$3.4M$9.4M20x
MEXC PEOPLE_USDT+0.0100%8h0.009247−0.054%$702K$313K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDTlong+0.0100%8h0.009252long leg$1.8M$1.3M50x
BingX PEOPLE-USDT+0.0100%8h0.009249−0.032%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009259+0.076%$44K$50K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009254+0.017%$1855xas long as short
BloFin PEOPLE-USDT+0.0127%8h0.009226−0.281%$358K$104K50xas long as short