Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX+0.022%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.986% of the position
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.022%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009110 | 0.0100 | pay 0.0100% / 8h | 2h 35m | — | $5.7M | — |
| Short | Gate PEOPLE_USDT | 0.009112 | 0.0089 | get 0.0089% / 8h | 2h 35m | $765K | $1.4M | 50x |
BingX PEOPLE-USDT
Gate PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$2.31
- Price spread: +0.022% → +0.004%
- $1.75
- Slippage, 4 orders
- −$73.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$99.11
- Costs to cover
- 0.986%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 2 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 BingX live order book, 5 min ago | 4.39 bp | 15.9 bp −$16 | 36.2 bp −$362 | 364.6 bp −$36.5K | 500.7 bp −$250.4K |
| Sell Gate live order book, 2 min ago | 2.74 bp | 30.2 bp −$30 | 199.5 bp −$1,995 | 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 | −0.1448% | 1h | 0.009096 | −0.156% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0151% | 8h | 0.009100 | −0.110% | $660K | $119K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0113% | 8h | 0.009101 | −0.104% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0019% | 8h | 0.009107 | −0.033% | $1.6M | $2.1M | 50x | as long as short |
| Gate PEOPLE_USDTshort | +0.0089% | 8h | 0.009112 | +0.022% | $765K | $1.4M | 50x | |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009109 | −0.011% | $423K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009112 | +0.027% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009116 | +0.068% | $5.5M | $15.1M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009115 | +0.055% | $3.3M | $8.4M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009109 | −0.011% | $666K | $303K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009107 | −0.033% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009110 | long leg | — | $5.7M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009110 | 0.000% | $44K | $51K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0102% | 8h | 0.009111 | +0.011% | $349K | $84K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009112 | +0.020% | $182 | — | 5x | as long as short |
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
BloFin PEOPLE-USDT
Extended PEOPLE-USD