Settings8H · net · $10k
Funding arb · Price arb /

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0569%/8h= +62.3% APRnext payment +$5.69 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Gate+0.080%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.219%+$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Aster is 0.080% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.219% in total (about 11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PEOPLE_USDT0.009235−0.0469get 0.0469% / 8h6h 07m$703K$1.5M50x
ShortAster PEOPLEUSDT0.0092420.0100get 0.0100% / 8h6h 07m$7K$73K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$119.49
Price spread: +0.080% → 0.000%
$8.01
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$104.5
Costs to cover
0.230%
Break-even
0.9 days
Slippage unknown: Gate: live order book, just now; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, just now9.74 bp35.1 bp −$35176.2 bp −$1,762doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PEOPLE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSD−0.1284%1h0.009248+0.136%$36K$45K10xas long as short
Gate PEOPLE_USDTlong−0.0469%8h0.009235long leg$703K$1.5M50x
Variational Omni PEOPLE−0.0027%8h0.009258+0.248%$6K$3Kas long as short
KuCoin PEOPLEUSDTM+0.0011%8h0.009239+0.043%$675K$146K50xas long as short
Bybit PEOPLEUSDT+0.0071%8h0.009241+0.065%$1.7M$2.3M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009239+0.043%$428K$222K3xas long as short
Aster PEOPLEUSDTshort+0.0100%8h0.009242+0.080%$7K$73K5x
Binance PEOPLEUSDT+0.0100%8h0.009252+0.184%$5.7M$16.3M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009245+0.108%$3.3M$8.8M20xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009241+0.065%$681K$298K200xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009252+0.184%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009245+0.108%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009236+0.011%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009250+0.165%$1855xas long as short