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 BingX+0.032%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$860.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.105%−$10 · spread now +0.032%, 7d avg −0.050%
Together, before fees−0.105%−$10 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 0.082% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PEOPLE-USDT0.0094100.0100pay 0.0100% / 8h1h 02m$9.1M
ShortBitget PEOPLEUSDT0.0094130.0100get 0.0100% / 8h1h 02m$1.8M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.032% → −0.050%
$8.2
Slippage, 4 orders
−$64.3
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$78.1
Costs to cover
0.863%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 4 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 BingX live order book, 5 min ago4.80 bp17.4 bp −$1742.0 bp −$420374.3 bp −$37.4K490.2 bp −$245.1K
Sell Bitget live order book, 4 min ago4.25 bp29.7 bp −$3077.7 bp −$777doesn'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−0.0453%1h0.009409−0.011%$36K$48K10xas long as short
Variational Omni PEOPLE−0.0037%8h0.009391−0.203%$6K$5Kas long as short
Hyperliquid PEOPLE+0.0100%1h0.009409−0.011%$446K$330K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009412+0.017%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009414+0.043%$5.7M$18.5M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009400−0.106%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009402−0.085%$3.5M$9.7M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009418+0.085%$784K$1.7M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.0094100.000%$708K$328K200xas long as short
KuCoin PEOPLEUSDTM+0.0100%8h0.009409−0.011%$683K$163K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDTshort+0.0100%8h0.009413+0.032%$1.8M$1.4M50x
BingX PEOPLE-USDTlong+0.0100%8h0.009410long leg$9.1M
HTX PEOPLE-USDT+0.0100%8h0.009425+0.159%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009412+0.020%$1885xas long as short
BloFin PEOPLE-USDT+0.0115%8h0.009421+0.117%$355K$109K50xas long as short