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: Bybit against OKX−0.086%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$970.974% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now −0.086%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEOPLE-USDT-SWAP | 0.009356 | 0.0082 | pay 0.0082% / 8h | 3h 18m | $3.5M | $9.4M | 20x |
| Short | Bybit PEOPLEUSDT | 0.009348 | 0.0082 | get 0.0082% / 8h | 3h 18m | $1.7M | $2.6M | 50x |
OKX PEOPLE-USDT-SWAP
Bybit PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$0.06
- Price spread: −0.086% → −0.039%
- −$4.61
- Slippage, 4 orders
- −$76.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$102.07
- Costs to cover
- 0.974%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 4 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 OKX live order book, 5 min ago | 1.61 bp | 24.5 bp −$25 | 101.6 bp −$1,016 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.61 bp | 24.8 bp −$25 | 65.5 bp −$655 | 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 | −0.0396% | 1h | 0.009351 | −0.054% | $36K | $47K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0150% | 8h | 0.009348 | −0.086% | $723K | $1.6M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0032% | 8h | 0.009350 | −0.060% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | −0.0007% | 8h | 0.009337 | −0.203% | $667K | $158K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0071% | 8h | 0.009348 | −0.086% | $369K | $103K | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0081% | 8h | 0.009339 | −0.182% | $711K | $308K | 200x | as long as short |
| Bybit PEOPLEUSDTshort | +0.0082% | 8h | 0.009348 | −0.086% | $1.7M | $2.6M | 50x | |
| OKX PEOPLE-USDT-SWAPlong | +0.0082% | 8h | 0.009356 | long leg | $3.5M | $9.4M | 20x | |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009348 | −0.086% | $485K | $281K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009354 | −0.027% | $4K | $87K | 5x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDT
MEXC PEOPLE_USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009354 | −0.027% | $5.9M | $17.5M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009350 | −0.064% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009355 | −0.011% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009337 | −0.203% | $44K | $50K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009351 | −0.055% | $187 | — | 5x | as long as short |
Binance PEOPLEUSDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD