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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.011%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Long on MEXCShort on BingX
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)−0.005%−$1 · spread now +0.011%, 7d avg −0.022%
Together, before fees+0.062%+$6 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: BingX is 0.033% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEOPLE_USDT0.0091630.0100pay 0.0100% / 8h35m 58s$678K$305K200x
ShortBingX PEOPLE-USDT0.0091640.0100get 0.0100% / 8h35m 58s—$5.7M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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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: +0.011% → −0.022%
$3.32
Slippage, 4 orders
−$42.19
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$52.88
Costs to cover
0.562%
Break-even
never at this rate
Slippage from MEXC: live order book, 34 min ago; BingX: live order book, 14 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 MEXC live order book, 34 min ago1.09 bp9.1 bp −$940.9 bp −$409261.4 bp −$26.1K511.6 bp −$255.8K
Sell BingX live order book, 14 min ago4.34 bp16.8 bp −$1742.6 bp −$426344.4 bp −$34.4K494.1 bp −$247.1K

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−0.1070%1h0.009156−0.074%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0120%8h0.009167+0.044%$655K$123K50xas long as short
Variational Omni PEOPLE−0.0022%8h0.009158−0.055%$6K$3K—as long as short
Hyperliquid PEOPLE+0.0100%1h0.009169+0.065%$425K$213K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009180+0.189%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009164+0.013%$5.6M$15.2M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009160−0.033%$1.6M$2.2M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009161−0.022%$3.3M$8.5M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009170+0.076%$773K$1.4M50xas long as short
MEXC PEOPLE_USDTlong+0.0100%8h0.009163long leg$678K$305K200x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009174+0.120%$1.7M$1.1M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009164+0.011%—$5.7M—
HTX PEOPLE-USDT+0.0100%8h0.009169+0.065%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009165+0.024%$184—5xas long as short
BloFin PEOPLE-USDT+0.0114%8h0.009179+0.175%$351K$86K50xas long as short