Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.101%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$490.489% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.101%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.141% dearer against MEXC than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PEOPLE_USDT | 0.009330 | 0.0084 | pay 0.0084% / 8h | 3h 14m | $710K | $308K | 200x |
| Short | Binance PEOPLEUSDT | 0.009339 | 0.0100 | get 0.0100% / 8h | 3h 14m | $5.8M | $17.7M | 50x |
MEXC PEOPLE_USDT
Binance PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $3.36
- Price spread: +0.101% → −0.040%
- $14.08
- Slippage, 4 orders
- −$34.92
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.48
- Costs to cover
- 0.489%
- Break-even
- 72.6 days
Slippage from MEXC: live order book, 31 min ago; Binance: live order book, 11 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 MEXC live order book, 31 min ago | 0.52 bp | 6.5 bp −$6 | 61.8 bp −$618 | 262.0 bp −$26.2K | 483.2 bp −$241.6K |
| Sell Binance live order book, 11 min ago | 1.06 bp | 18.0 bp −$18 | 46.8 bp −$468 | 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 | −0.0397% | 1h | 0.009326 | −0.038% | $36K | $47K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0149% | 8h | 0.009329 | −0.011% | $721K | $1.6M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0044% | 8h | 0.009304 | −0.275% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | −0.0002% | 8h | 0.009325 | −0.054% | $666K | $159K | 50x | as long as short |
| MEXC PEOPLE_USDTlong | +0.0084% | 8h | 0.009330 | long leg | $710K | $308K | 200x | |
| Bybit PEOPLEUSDT | +0.0086% | 8h | 0.009330 | 0.000% | $1.7M | $2.6M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0087% | 8h | 0.009326 | −0.043% | $3.4M | $9.4M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009336 | +0.064% | $485K | $281K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009335 | +0.055% | $4K | $91K | 5x | as long as short |
| Binance PEOPLEUSDTshort | +0.0100% | 8h | 0.009339 | +0.101% | $5.8M | $17.7M | 50x |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Aster PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009339 | +0.096% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009328 | −0.021% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009324 | −0.064% | $44K | $50K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009332 | +0.026% | $187 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0117% | 8h | 0.009328 | −0.021% | $367K | $104K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT