Funding you earn now, next payment 08:00 UTC+0.0245%/8h= +26.8% APRnext payment +$2.45 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.011%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$970.965% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now +0.011%, 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: +$7 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 | 0.009334 | −0.0145 | get 0.0145% / 8h | 3h 11m | $716K | $1.6M | 50x |
| Short | BingX PEOPLE-USDT | 0.009335 | 0.0100 | get 0.0100% / 8h | 3h 11m | — | $7.5M | — |
Gate PEOPLE_USDT
BingX PEOPLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $51.45
- Price spread: +0.011% → −0.004%
- $1.46
- Slippage, 4 orders
- −$71.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$43.59
- Costs to cover
- 0.965%
- Break-even
- 12.9 days
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 12 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, 1 min ago | 5.90 bp | 23.8 bp −$24 | 140.6 bp −$1,406 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 5.89 bp | 21.9 bp −$22 | 42.1 bp −$421 | 275.2 bp −$27.5K | 426.7 bp −$213.4K |
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 | −0.0397% | 1h | 0.009330 | −0.046% | $36K | $47K | 10x | as long as short |
| Gate PEOPLE_USDTlong | −0.0145% | 8h | 0.009334 | long leg | $716K | $1.6M | 50x | |
| Variational Omni PEOPLE | −0.0043% | 8h | 0.009318 | −0.168% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0004% | 8h | 0.009330 | −0.043% | $666K | $159K | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0085% | 8h | 0.009320 | −0.150% | $1.7M | $2.6M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0086% | 8h | 0.009337 | +0.032% | $703K | $311K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0088% | 8h | 0.009324 | −0.107% | $3.4M | $9.4M | 20x | as long as short |
| BloFin PEOPLE-USDT | +0.0091% | 8h | 0.009330 | −0.043% | $367K | $104K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009334 | 0.000% | $485K | $282K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009340 | +0.070% | $4K | $91K | 5x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Bybit PEOPLEUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009334 | +0.003% | $5.8M | $17.7M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009338 | +0.043% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDTshort | +0.0100% | 8h | 0.009335 | +0.011% | — | $7.5M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009332 | −0.021% | $44K | $50K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009333 | −0.009% | $187 | — | 5x | as long as short |
Binance PEOPLEUSDT
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD