Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.011%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$810.806% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.011%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEOPLE_USDT | 0.009244 | 0.0100 | pay 0.0100% / 8h | 7h 55m | $722K | $1.4M | 50x |
| Short | MEXC PEOPLE_USDT | 0.009245 | 0.0100 | get 0.0100% / 8h | 7h 55m | $683K | $302K | 200x |
Gate PEOPLE_USDT
MEXC PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: +0.011% → +0.009%
- $0.19
- Slippage, 4 orders
- −$61.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$80.43
- Costs to cover
- 0.806%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 9 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 | 10.29 bp | 32.1 bp −$32 | 217.5 bp −$2,175 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 0.54 bp | 10.7 bp −$11 | 62.9 bp −$629 | 278.8 bp −$27.9K | 508.3 bp −$254.1K |
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 | −0.1351% | 1h | 0.009243 | −0.010% | $36K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0083% | 8h | 0.009228 | −0.173% | $660K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0018% | 8h | 0.009236 | −0.084% | $6K | $3K | — | as long as short |
| BloFin PEOPLE-USDT | +0.0093% | 8h | 0.009238 | −0.065% | $348K | $87K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009253 | +0.097% | $429K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009230 | −0.149% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009242 | −0.022% | $5.6M | $15.3M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009236 | −0.087% | $1.6M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009233 | −0.119% | $3.4M | $8.6M | 20x | as long as short |
| Gate PEOPLE_USDTlong | +0.0100% | 8h | 0.009244 | long leg | $722K | $1.4M | 50x |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
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_USDTshort | +0.0100% | 8h | 0.009245 | +0.011% | $683K | $302K | 200x | |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009247 | +0.032% | $1.7M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009244 | 0.000% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009240 | −0.043% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009244 | +0.002% | $184 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD