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+0.0160%/8h= +17.5% APRnext payment +$1.60 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Gate+0.066%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and HTX is 0.066% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PEOPLE_USDT0.009154−0.0060get 0.0060% / 8h2h 33m$765K$1.7M50x
ShortHTX PEOPLE-USDT0.0091600.0100get 0.0100% / 8h2h 33m$43K$51K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$33.6
Price spread: +0.066% → 0.000%
$6.55
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
$13.15
Costs to cover
0.270%
Break-even
4.3 days
Slippage unknown: Gate: live order book, 4 min ago; HTX: 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, 4 min ago6.51 bp33.1 bp −$33175.8 bp −$1,758doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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 15 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−0.0602%1h0.009142−0.136%$35K$48K10xas long as short
Gate PEOPLE_USDTlong−0.0060%8h0.009154long leg$765K$1.7M50x
Variational Omni PEOPLE−0.0053%8h0.009203+0.536%$6K$4Kas long as short
KuCoin PEOPLEUSDTM+0.0022%8h0.009137−0.186%$653K$160K50xas long as short
Bybit PEOPLEUSDT+0.0073%8h0.009136−0.197%$1.7M$2.7M50xas long as short
MEXC PEOPLE_USDT+0.0090%8h0.009140−0.153%$678K$316K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0092%8h0.009145−0.098%$3.4M$9.4M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009148−0.066%$432K$332K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009152−0.017%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009150−0.044%$5.7M$18.1M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009146−0.087%$1.7M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009145−0.098%$7.5Mas long as short
HTX PEOPLE-USDTshort+0.0100%8h0.009160+0.066%$43K$51K50x
Extended PEOPLE-USD+0.0104%1h0.009139−0.168%$1835xas long as short
BloFin PEOPLE-USDT+0.0105%8h0.009145−0.098%$355K$104K50xas long as short