Funding you earn now, next payment 08:00 UTC+0.0202%/8h= +22.1% APRnext payment +$2.02 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.011%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$970.966% of the position
Funding, last 7 days+0.185%+$18 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.011%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEOPLE_USDT | 0.009424 | −0.0102 | get 0.0102% / 8h | 3h 59m | $756K | $1.5M | 50x |
| Short | Binance PEOPLEUSDT | 0.009425 | 0.0100 | get 0.0100% / 8h | 3h 59m | $5.8M | $16.7M | 50x |
Gate PEOPLE_USDT
Binance PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $42.42
- Price spread: +0.011% → −0.005%
- $1.51
- Slippage, 4 orders
- −$71.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$52.72
- Costs to cover
- 0.966%
- Break-even
- 15.7 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 11 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 Gate live order book, 3 min ago | 5.89 bp | 31.0 bp −$31 | 184.9 bp −$1,849 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.54 bp | 18.0 bp −$18 | 43.7 bp −$437 | 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 | −0.0870% | 1h | 0.009406 | −0.192% | $36K | $46K | 10x | as long as short |
| Gate PEOPLE_USDTlong | −0.0102% | 8h | 0.009424 | long leg | $756K | $1.5M | 50x | |
| KuCoin PEOPLEUSDTM | −0.0023% | 8h | 0.009411 | −0.138% | $670K | $151K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0012% | 8h | 0.009374 | −0.532% | $6K | $2K | — | as long as short |
| MEXC PEOPLE_USDT | +0.0075% | 8h | 0.009420 | −0.042% | $699K | $302K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0081% | 8h | 0.009418 | −0.064% | $3.4M | $9.0M | 20x | as long as short |
| BloFin PEOPLE-USDT | +0.0083% | 8h | 0.009381 | −0.456% | $359K | $101K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009429 | +0.053% | $488K | $266K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009402 | −0.233% | $6K | $85K | 5x | as long as short |
| Binance PEOPLEUSDTshort | +0.0100% | 8h | 0.009425 | +0.011% | $5.8M | $16.7M | 50x |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009428 | +0.042% | $1.7M | $2.4M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009430 | +0.064% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009426 | +0.021% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009396 | −0.297% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009420 | −0.041% | $188 | — | 5x | as long as short |
Bybit PEOPLEUSDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD