Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against KuCoin+0.190%50s7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as 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−$1051.046% of the position
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.190%, 7d avg +0.083%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.106% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.083%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEOPLEUSDTM | 0.009493 | −0.0006 | get 0.0006% / 8h | 3h 38m | $666K | $154K | 50x |
| Short | BloFin PEOPLE-USDT | 0.009511 | 0.0102 | get 0.0102% / 8h | 3h 38m | $363K | $104K | 50x |
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $22.63
- Price spread: +0.190% → +0.083%
- $10.64
- Slippage, 4 orders
- −$80.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.3
- Costs to cover
- 1.046%
- Break-even
- 29.1 days
Slippage from KuCoin: live order book, 36 min ago; BloFin: live order book, 44 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 KuCoin live order book, 36 min ago | 15.08 bp | 38.5 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 2.68 bp | 16.8 bp −$17 | 32.0 bp −$320 | 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 | −0.0390% | 1h | 0.009507 | +0.146% | $36K | $47K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0076% | 8h | 0.009510 | +0.179% | $733K | $1.6M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0023% | 8h | 0.009475 | −0.191% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTMlong | −0.0006% | 8h | 0.009493 | long leg | $666K | $154K | 50x | |
| MEXC PEOPLE_USDT | +0.0099% | 8h | 0.009506 | +0.137% | $704K | $300K | 200x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009515 | +0.232% | $494K | $273K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009496 | +0.031% | $4K | $87K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009511 | +0.190% | $6.0M | $17.3M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009497 | +0.042% | $1.8M | $2.5M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009510 | +0.179% | $3.5M | $9.5M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
MEXC PEOPLE_USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009509 | +0.169% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009503 | +0.105% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009505 | +0.126% | $45K | $50K | 50x | as long as short |
| BloFin PEOPLE-USDTshort | +0.0102% | 8h | 0.009511 | +0.190% | $363K | $104K | 50x | |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009504 | +0.117% | $190 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD