Settings8H · net · $10k
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Funding arb · Price arb /

PEOPLE

all PEOPLE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BloFin−0.118%94s7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as 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−$520.515% of the position
Long on BloFinShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 3 days (all we have)+0.108%+$11 · spread now −0.118%, 7d avg +0.059%
Together, before fees+0.074%+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.177% cheaper against BloFin than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of +0.059%). If the spread goes back, that is −$18 on $10k: about 21 days of funding at the current rate (+$1 a day). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEOPLE-USDT0.0093000.0072pay 0.0072% / 8h7h 21m$352K$88K50x
ShortMEXC PEOPLE_USDT0.0092890.0100get 0.0100% / 8h7h 21m$706K$309K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.88
Price spread: −0.118% → +0.059%
−$17.69
Slippage, 4 orders
−$35.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.31
Costs to cover
0.515%
Break-even
82.4 days
Slippage from BloFin: live order book, 48 min ago; MEXC: live order book, 44 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 BloFin live order book, 48 min ago2.73 bp11.0 bp −$1127.8 bp −$278doesn't fitdoesn't fit
Sell MEXC live order book, 44 min ago0.54 bp10.7 bp −$1162.9 bp −$629278.8 bp −$27.9K508.3 bp −$254.1K

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−0.1341%1h0.009310+0.111%$36K$45K10xas long as short
Gate PEOPLE_USDT−0.0184%8h0.009305+0.054%$724K$1.5M50xas long as short
Variational Omni PEOPLE−0.0022%8h0.009268−0.344%$6K$3K—as long as short
KuCoin PEOPLEUSDTM−0.0005%8h0.009304+0.043%$664K$124K50xas long as short
BloFin PEOPLE-USDTlong+0.0072%8h0.009300long leg$352K$88K50x
Bybit PEOPLEUSDT+0.0080%8h0.009282−0.194%$1.7M$2.2M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009313+0.140%$431K$210K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009318+0.194%$9K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009289−0.120%$5.7M$15.4M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009285−0.161%$3.4M$8.7M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDTshort+0.0100%8h0.009289−0.118%$706K$309K200x
Bitget PEOPLEUSDT+0.0100%8h0.009296−0.043%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009305+0.054%—$7.5M—as long as short
HTX PEOPLE-USDT+0.0100%8h0.009313+0.140%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009308+0.085%$186—5xas long as short