Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.204%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$960.958% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days−0.268%−$27 · spread now +0.204%, 7d avg −0.070%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.274% dearer against OKX than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEOPLE-USDT-SWAP | 0.009327 | 0.0096 | pay 0.0096% / 8h | 37m 01s | $3.4M | $9.7M | 20x |
| Short | Bitget PEOPLEUSDT | 0.009346 | 0.0100 | get 0.0100% / 8h | 37m 01s | $1.8M | $1.4M | 50x |
OKX PEOPLE-USDT-SWAP
Bitget PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0.77
- Price spread: +0.204% → −0.070%
- $27.37
- Slippage, 4 orders
- −$73.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.63
- Costs to cover
- 0.958%
- Break-even
- 619.9 days
Slippage from OKX: live order book, 1 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 OKX live order book, 1 min ago | 1.07 bp | 11.0 bp −$11 | 95.1 bp −$951 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.86 bp | 25.5 bp −$25 | 62.7 bp −$627 | 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 | −0.0425% | 1h | 0.009324 | −0.037% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0036% | 8h | 0.009366 | +0.415% | $6K | $5K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0094% | 8h | 0.009336 | +0.096% | $1.7M | $2.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPlong | +0.0096% | 8h | 0.009327 | long leg | $3.4M | $9.7M | 20x | |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009334 | +0.075% | $444K | $331K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009347 | +0.217% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009343 | +0.176% | $5.7M | $18.7M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009344 | +0.182% | $787K | $1.7M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009338 | +0.118% | $712K | $322K | 200x | as long as short |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009341 | +0.150% | $673K | $165K | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
Bybit PEOPLEUSDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Gate PEOPLE_USDT
MEXC PEOPLE_USDT
KuCoin PEOPLEUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTshort | +0.0100% | 8h | 0.009346 | +0.204% | $1.8M | $1.4M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009329 | +0.021% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009339 | +0.129% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009342 | +0.165% | $187 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0115% | 8h | 0.009330 | +0.032% | $352K | $110K | 50x | as long as short |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT