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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.011%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.011%, 7d avg −0.021%
Together, before fees+0.057%+$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 0.031% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEOPLE-USDT-SWAP0.0093240.0100pay 0.0100% / 8h1h 51m$3.4M$9.6M20x
ShortBingX PEOPLE-USDT0.0093250.0100get 0.0100% / 8h1h 51m$7.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$0
Price spread: +0.011% → −0.021%
$3.13
Slippage, 4 orders
−$47.92
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$64.79
Costs to cover
0.679%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 1 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 OKX live order book, 1 min ago1.07 bp16.3 bp −$16138.9 bp −$1,389doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago4.83 bp20.7 bp −$2147.1 bp −$471326.5 bp −$32.7K440.2 bp −$220.1K

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−0.0457%1h0.009316−0.090%$36K$48K10xas long as short
Variational Omni PEOPLE−0.0026%8h0.009314−0.109%$6K$5Kas long as short
KuCoin PEOPLEUSDTM+0.0091%8h0.009323−0.011%$677K$163K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009322−0.021%$442K$330K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009323−0.009%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009327+0.032%$5.7M$18.4M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009322−0.021%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAPlong+0.0100%8h0.009324long leg$3.4M$9.6M20x
Gate PEOPLE_USDT+0.0100%8h0.009328+0.043%$780K$1.7M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009321−0.032%$729K$319K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009328+0.043%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009325+0.011%$7.5M
HTX PEOPLE-USDT+0.0100%8h0.009326+0.021%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009326+0.020%$1875xas long as short
BloFin PEOPLE-USDT+0.0130%8h0.009321−0.032%$354K$108K50xas long as short