Funding you earn now, next payment 08:00 UTC−0.0249%/8h= −27.3% APRnext payment −$2.49 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.195%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$950.946% of the position
Funding, last 7 days−0.185%−$18 on $10k
+Price spread, last 7 days+0.189%+$19 · spread now −0.195%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.199% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PEOPLEUSDT | 0.009366 | 0.0100 | pay 0.0100% / 8h | 6h 27m | $5.7M | $16.2M | 50x |
| Short | Gate PEOPLE_USDT | 0.009348 | −0.0149 | pay 0.0149% / 8h | 6h 27m | $711K | $1.5M | 50x |
Binance PEOPLEUSDT
Gate PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$52.29
- Price spread: −0.195% → +0.004%
- −$19.95
- Slippage, 4 orders
- −$69.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$166.86
- Costs to cover
- 0.946%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Gate: 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 Binance live order book, 13 min ago | 1.09 bp | 13.2 bp −$13 | 51.0 bp −$510 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 9.13 bp | 26.8 bp −$27 | 166.4 bp −$1,664 | doesn't fit | doesn't fit |
PEOPLE on 14 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 | −0.1271% | 1h | 0.009344 | −0.241% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDTshort | −0.0149% | 8h | 0.009348 | −0.195% | $711K | $1.5M | 50x | |
| Variational Omni PEOPLE | −0.0015% | 8h | 0.009297 | −0.744% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0039% | 8h | 0.009363 | −0.035% | $702K | $142K | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0075% | 8h | 0.009349 | −0.185% | $1.7M | $2.3M | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009361 | −0.056% | $433K | $223K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009360 | −0.071% | $8K | $73K | 5x | as long as short |
| Binance PEOPLEUSDTlong | +0.0100% | 8h | 0.009366 | long leg | $5.7M | $16.2M | 50x | |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009357 | −0.099% | $3.4M | $8.9M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009349 | −0.185% | $699K | $295K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Bybit PEOPLEUSDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009359 | −0.078% | $1.9M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009362 | −0.046% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009340 | −0.281% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009360 | −0.068% | $187 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD