Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.68 per $10,000 · paid last 24h −0.027%
Price spread now: KuCoin against Gate+0.011%7-day average −0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1691.691% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.011%, 7d avg −0.133%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.144% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEOPLE_USDT | 0.009303 | −0.0035 | get 0.0035% / 8h | 6h 46m | $716K | $1.4M | 50x |
| Short | KuCoin PEOPLEUSDTM | 0.009304 | 0.0033 | get 0.0033% / 8h | 6h 46m | $701K | $140K | 50x |
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: +0.011% → −0.133%
- $14.42
- Slippage, 4 orders
- −$142.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$140.39
- Costs to cover
- 1.691%
- Break-even
- 75.8 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 67 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 | 9.15 bp | 30.3 bp −$30 | 170.6 bp −$1,706 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 13.57 bp | 29.4 bp −$29 | 1039.2 bp −$10.4K | 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 | −0.1278% | 1h | 0.009290 | −0.136% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDTlong | −0.0035% | 8h | 0.009303 | long leg | $716K | $1.4M | 50x | |
| Variational Omni PEOPLE | −0.0026% | 8h | 0.009278 | −0.268% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTMshort | +0.0033% | 8h | 0.009304 | +0.011% | $701K | $140K | 50x | |
| BloFin PEOPLE-USDT | +0.0081% | 8h | 0.009330 | +0.290% | $356K | $90K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009299 | −0.043% | $428K | $216K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009298 | −0.053% | $8K | $74K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009296 | −0.080% | $5.7M | $15.9M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009286 | −0.183% | $1.7M | $2.3M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009291 | −0.129% | $3.4M | $8.7M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit 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 | 0.009287 | −0.172% | $701K | $291K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009298 | −0.054% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009295 | −0.086% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009319 | +0.172% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009294 | −0.101% | $186 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD