Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h −0.004%
Price spread now: Gate against BloFin+0.022%63s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as 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−$890.886% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 3 days (all we have)−0.025%−$3 · spread now +0.022%, 7d avg +0.047%
=Funding pays, the price is against you. Gate is 0.026% cheaper against BloFin than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.047%). If the spread goes back, that is −$3 on $10k: about 6.3 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour. The two prices were read 63 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 | 0.009218 | 0.0086 | pay 0.0086% / 8h | 48m 06s | $348K | $86K | 50x |
| Short | Gate PEOPLE_USDT | 0.009220 | 0.0100 | get 0.0100% / 8h | 48m 06s | $777K | $1.4M | 50x |
BloFin PEOPLE-USDT
Gate PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $2.88
- Price spread: +0.022% → +0.047%
- −$2.58
- Slippage, 4 orders
- −$61.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$88.26
- Costs to cover
- 0.886%
- Break-even
- 221.8 days
Slippage from BloFin: live order book, 27 min ago; Gate: live order book, 4 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, 27 min ago | 4.91 bp | 12.0 bp −$12 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.05 bp | 36.4 bp −$36 | 212.6 bp −$2,126 | 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 | −0.1063% | 1h | 0.009212 | −0.068% | $36K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0083% | 8h | 0.009200 | −0.195% | $657K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0015% | 8h | 0.009212 | −0.061% | $6K | $3K | — | as long as short |
| BloFin PEOPLE-USDTlong | +0.0086% | 8h | 0.009218 | long leg | $348K | $86K | 50x | |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009222 | +0.043% | $428K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009215 | −0.033% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009217 | −0.011% | $5.6M | $15.1M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009214 | −0.043% | $1.6M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009213 | −0.054% | $3.3M | $8.5M | 20x | as long as short |
| Gate PEOPLE_USDTshort | +0.0100% | 8h | 0.009220 | +0.022% | $777K | $1.4M | 50x |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009214 | −0.043% | $681K | $304K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009215 | −0.033% | $1.7M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009215 | −0.033% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009219 | +0.011% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009218 | +0.002% | $184 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD