Funding you earn now, next payment 22:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate−0.055%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days+0.238%+$24 on $10k
+Price spread, last 4 days (all we have)+0.356%+$36 · spread now −0.055%, 7d avg −0.056%
=Together, before fees+0.594%+ Points / potential airdropHyperliquid: Season 2 · farm board+$59 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: +$1 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 | 0.009115 | 0.0081 | pay 0.0081% / 8h | 2h 39m | $765K | $1.4M | 50x |
| Short | Hyperliquid PEOPLE | 0.009110 | 0.0100 | get 0.0013% / 1h | 39m 59s | $423K | $215K | 3x |
Gate PEOPLE_USDT
Hyperliquid PEOPLEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $3.99
- Price spread: −0.055% → −0.056%
- $0.16
- Slippage, 4 orders
- −$80.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$100.06
- Costs to cover
- 1.042%
- Break-even
- 182.5 days
Slippage from Gate: live order book, 2 min ago; Hyperliquid: live order book, 44 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, 2 min ago | 2.20 bp | 31.3 bp −$31 | 226.9 bp −$2,269 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 44 min ago | 1.09 bp | 13.6 bp −$14 | doesn't fit | 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 | −0.1447% | 1h | 0.009101 | −0.153% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0156% | 8h | 0.009099 | −0.176% | $660K | $118K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0113% | 8h | 0.009101 | −0.159% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0008% | 8h | 0.009105 | −0.110% | $1.6M | $2.1M | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0073% | 8h | 0.009110 | −0.055% | $351K | $84K | 50x | as long as short |
| Gate PEOPLE_USDTlong | +0.0081% | 8h | 0.009115 | long leg | $765K | $1.4M | 50x | |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009110 | −0.055% | $423K | $215K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009112 | −0.033% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009112 | −0.033% | $5.5M | $15.1M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009106 | −0.099% | $3.3M | $8.4M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
BloFin PEOPLE-USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009101 | −0.154% | $665K | $303K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009103 | −0.132% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009106 | −0.099% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009105 | −0.110% | $43K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009111 | −0.045% | $182 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD