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: OKX against Binance+0.031%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$720.719% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.031%, 7d avg +0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PEOPLEUSDT | 0.009305 | 0.0100 | pay 0.0100% / 8h | 7h 24m | $5.7M | $15.4M | 50x |
| Short | OKX PEOPLE-USDT-SWAP | 0.009308 | 0.0100 | get 0.0100% / 8h | 7h 24m | $3.4M | $8.7M | 20x |
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- Price spread: +0.031% → +0.022%
- $0.95
- Slippage, 4 orders
- −$51.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$70.94
- Costs to cover
- 0.719%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; OKX: live order book, 3 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 Binance live order book, 16 min ago | 0.54 bp | 15.9 bp −$16 | 48.4 bp −$484 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.24 bp | 20.7 bp −$21 | 58.5 bp −$585 | 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 | −0.1343% | 1h | 0.009302 | −0.035% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0255% | 8h | 0.009295 | −0.108% | $724K | $1.5M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0022% | 8h | 0.009268 | −0.399% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | −0.0012% | 8h | 0.009295 | −0.108% | $664K | $124K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0077% | 8h | 0.009300 | −0.055% | $353K | $88K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009308 | +0.031% | $431K | $210K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009306 | +0.015% | $9K | $75K | 5x | as long as short |
| Binance PEOPLEUSDTlong | +0.0100% | 8h | 0.009305 | long leg | $5.7M | $15.4M | 50x | |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009304 | −0.012% | $1.7M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPshort | +0.0100% | 8h | 0.009308 | +0.031% | $3.4M | $8.7M | 20x |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Bybit PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009298 | −0.076% | $715K | $308K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009310 | +0.053% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009303 | −0.022% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009280 | −0.270% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009306 | +0.005% | $186 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD