PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against MEXC+0.011%7-day average −0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.011%, 7d avg −0.058%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.069% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PEOPLE_USDT	0.009287	0.0090	pay 0.0090% / 8h	3h 03m	$694K	$316K	200x
Short	BloFin PEOPLE-USDT	0.009288	0.0100	get 0.0100% / 8h	3h 03m	$360K	$104K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now +0.011%Rate

Funding earned: $2.13
Price spread: +0.011% → −0.058%: $6.87
Slippage, 4 orders: −$31.69
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$38.69
Costs to cover: 0.477%
Break-even: 134.3 days

Slippage from MEXC: live order book, 42 min ago; BloFin: live order book, 9 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, 42 min ago	0.52 bp	6.5 bp −$6	61.8 bp −$618	262.0 bp −$26.2K	483.2 bp −$241.6K
Sell BloFin live order book, 9 min ago	0.54 bp	18.9 bp −$19	36.2 bp −$362	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	−0.0399%	1h	0.009282	−0.058%	$36K	$47K	10x	as long as short
Gate PEOPLE_USDT	−0.0161%	8h	0.009292	+0.054%	$715K	$1.6M	50x	as long as short
Variational Omni PEOPLE	−0.0040%	8h	0.009307	+0.219%	$7K	$3K	—	as long as short
KuCoin PEOPLEUSDTM	+0.0011%	8h	0.009296	+0.097%	$664K	$159K	50x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0088%	8h	0.009277	−0.108%	$3.4M	$9.4M	20x	as long as short
Bybit PEOPLEUSDT	+0.0088%	8h	0.009281	−0.065%	$1.7M	$2.7M	50x	as long as short
MEXC PEOPLE_USDTlong	+0.0090%	8h	0.009287	long leg	$694K	$316K	200x
Hyperliquid PEOPLE	+0.0100%	1h	0.009289	+0.022%	$486K	$285K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009293	+0.062%	$9K	$92K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009291	+0.044%	$5.8M	$17.8M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEOPLEUSDT	+0.0100%	8h	0.009294	+0.075%	$1.8M	$1.3M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009300	+0.140%	—	$7.5M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009286	−0.011%	$44K	$50K	50x	as long as short
BloFin PEOPLE-USDTshort	+0.0100%	8h	0.009288	+0.011%	$360K	$104K	50x
Extended PEOPLE-USD	+0.0104%	1h	0.009292	+0.054%	$186	—	5x	as long as short