Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against BloFin−0.107%55s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1171.171% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.107%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.097% cheaper against BloFin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.010%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PEOPLE-USDT | 0.009358 | 0.0095 | pay 0.0095% / 8h | 2h 02m | $351K | $108K | 50x |
| Short | Bitget PEOPLEUSDT | 0.009348 | 0.0100 | get 0.0100% / 8h | 2h 02m | $1.8M | $1.4M | 50x |
BloFin PEOPLE-USDT
Bitget PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $1.1
- Price spread: −0.107% → −0.010%
- −$9.65
- Slippage, 4 orders
- −$93.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$125.63
- Costs to cover
- 1.171%
- Break-even
- 809.5 days
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 5 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 BloFin live order book, 5 min ago | 7.99 bp | 18.2 bp −$18 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.34 bp | 29.4 bp −$29 | 70.2 bp −$702 | 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 | −0.0588% | 1h | 0.009347 | −0.117% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0036% | 8h | 0.009367 | +0.095% | $6K | $5K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0087% | 8h | 0.009358 | 0.000% | $680K | $163K | 50x | as long as short |
| BloFin PEOPLE-USDTlong | +0.0095% | 8h | 0.009358 | long leg | $351K | $108K | 50x | |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009352 | −0.064% | $444K | $329K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009349 | −0.099% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009351 | −0.077% | $5.7M | $18.4M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009348 | −0.107% | $1.7M | $2.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009346 | −0.128% | $3.4M | $9.7M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009363 | +0.053% | $782K | $1.7M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Gate PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009360 | +0.021% | $721K | $326K | 200x | as long as short |
| Bitget PEOPLEUSDTshort | +0.0100% | 8h | 0.009348 | −0.107% | $1.8M | $1.4M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009360 | +0.021% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009356 | −0.021% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009355 | −0.029% | $188 | — | 5x | as long as short |
MEXC PEOPLE_USDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD