Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.205%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 7 days−0.140%−$14 · spread now +0.205%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.182% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PEOPLEUSDT | 0.009287 | 0.0083 | pay 0.0083% / 8h | 7h 59m | $1.7M | $2.8M | 50x |
| Short | Gate PEOPLE_USDT | 0.009306 | 0.0100 | get 0.0100% / 8h | 7h 59m | $786K | $1.7M | 50x |
Bybit PEOPLEUSDT
Gate PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $3.59
- Price spread: +0.205% → +0.022%
- $18.24
- Slippage, 4 orders
- −$85.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$89.59
- Costs to cover
- 1.114%
- Break-even
- 181.5 days
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 3 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 Bybit live order book, 2 min ago | 4.84 bp | 25.3 bp −$25 | 65.1 bp −$651 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.91 bp | 28.7 bp −$29 | 184.1 bp −$1,841 | 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 | −0.0427% | 1h | 0.009289 | +0.023% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0032% | 8h | 0.009291 | +0.046% | $6K | $5K | — | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0054% | 8h | 0.009291 | +0.043% | $3.4M | $9.6M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0059% | 8h | 0.009288 | +0.011% | $694K | $327K | 200x | as long as short |
| Bybit PEOPLEUSDTlong | +0.0083% | 8h | 0.009287 | long leg | $1.7M | $2.8M | 50x | |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009293 | +0.065% | $437K | $340K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009299 | +0.127% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009296 | +0.099% | $5.7M | $18.7M | 50x | as long as short |
| Gate PEOPLE_USDTshort | +0.0100% | 8h | 0.009306 | +0.205% | $786K | $1.7M | 50x | |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009306 | +0.205% | $671K | $165K | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
KuCoin PEOPLEUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009299 | +0.129% | $1.8M | $1.5M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009293 | +0.065% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009302 | +0.162% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009295 | +0.091% | $186 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0123% | 8h | 0.009307 | +0.215% | $354K | $111K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT