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: Bitget against OKX0.000%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1081.084% 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−0.101%−$10 · spread now 0.000%, 7d avg −0.070%
Together, before fees−0.033%−$3 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: Bitget is 0.070% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEOPLE-USDT-SWAP0.0093670.0100pay 0.0100% / 8h2h 05m$3.4M$9.7M20x
ShortBitget PEOPLEUSDT0.0093670.0100get 0.0100% / 8h2h 05m$1.8M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: 0.000% → −0.070%
$7.04
Slippage, 4 orders
−$86.4
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$101.36
Costs to cover
1.084%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: 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, 3 min ago1.07 bp16.5 bp −$1787.6 bp −$876doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.34 bp29.4 bp −$2970.2 bp −$702doesn't fitdoesn't fit

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−0.0587%1h0.009369+0.021%$36K$48K10xas long as short
Variational Omni PEOPLE−0.0036%8h0.009367−0.001%$6K$5Kas long as short
KuCoin PEOPLEUSDTM+0.0082%8h0.009368+0.011%$681K$163K50xas long as short
BloFin PEOPLE-USDT+0.0099%8h0.009402+0.374%$349K$108K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009371+0.043%$445K$329K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009364−0.030%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009376+0.096%$5.7M$18.4M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009363−0.043%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAPlong+0.0100%8h0.009367long leg$3.4M$9.7M20x
Gate PEOPLE_USDT+0.0100%8h0.009376+0.096%$784K$1.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009366−0.011%$721K$326K200xas long as short
Bitget PEOPLEUSDTshort+0.0100%8h0.0093670.000%$1.8M$1.4M50x
BingX PEOPLE-USDT+0.0100%8h0.009365−0.021%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009379+0.128%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009373+0.066%$1885xas long as short