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

PEOPLE

all PEOPLE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against BloFin+0.054%96s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$730.726% of the position
Long on BloFinShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.054%, 7d avg +0.035%
Together, before fees−0.140%−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEOPLE-USDT0.0092170.0118pay 0.0118% / 8h4h 37m$355K$98K50x
ShortBingX PEOPLE-USDT0.0092220.0100get 0.0100% / 8h4h 37m—$7.5M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$3.79
Price spread: +0.054% → +0.035%
$1.94
Slippage, 4 orders
−$50.63
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$74.47
Costs to cover
0.726%
Break-even
never at this rate
Slippage from BloFin: live order book, 55 min ago; BingX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 55 min ago2.14 bp14.6 bp −$1539.1 bp −$391doesn't fitdoesn't fit
Sell BingX live order book, just now3.79 bp22.5 bp −$2249.5 bp −$495293.1 bp −$29.3K458.6 bp −$229.3K

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−0.0887%1h0.009227+0.104%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0246%8h0.009229+0.130%$738K$1.5M50xas long as short
Variational Omni PEOPLE−0.0038%8h0.009188−0.317%$6K$2K—as long as short
KuCoin PEOPLEUSDTM−0.0031%8h0.009224+0.076%$656K$151K50xas long as short
Bybit PEOPLEUSDT+0.0046%8h0.009225+0.087%$1.7M$2.4M50xas long as short
MEXC PEOPLE_USDT+0.0072%8h0.009227+0.108%$686K$300K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0076%8h0.009223+0.065%$3.3M$8.7M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009232+0.163%$426K$226K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009225+0.089%$10K$80K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009233+0.174%$5.7M$16.5M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009230+0.141%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009222+0.054%—$7.5M—
HTX PEOPLE-USDT+0.0100%8h0.009230+0.141%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009238+0.224%$185—5xas long as short
BloFin PEOPLE-USDTlong+0.0118%8h0.009217long leg$355K$98K50x