Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid−0.011%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$930.935% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 4 days (all we have)−0.290%−$29 · spread now −0.011%, 7d avg +0.056%
=Together, before fees−0.528%+ Points / potential airdropHyperliquid: Season 2 · farm board−$53 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.067% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009162 | 0.0100 | pay 0.0013% / 1h | 14m 42s | $425K | $212K | 3x |
| Short | Gate PEOPLE_USDT | 0.009161 | 0.0100 | get 0.0100% / 8h | 2h 14m | $769K | $1.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. 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% → +0.056%
- −$6.73
- Slippage, 4 orders
- −$69.48
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$100.21
- Costs to cover
- 0.935%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 69 min ago; Gate: live order book, 3 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 Hyperliquid live order book, 69 min ago | 1.09 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.91 bp | 38.5 bp −$39 | 199.2 bp −$1,992 | 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 | −0.1439% | 1h | 0.009153 | −0.102% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0134% | 8h | 0.009150 | −0.131% | $664K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0091% | 8h | 0.009143 | −0.212% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0048% | 8h | 0.009158 | −0.044% | $1.6M | $2.1M | 50x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009162 | long leg | $425K | $212K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009156 | −0.067% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009158 | −0.044% | $5.5M | $15.1M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009152 | −0.109% | $3.3M | $8.4M | 20x | as long as short |
| Gate PEOPLE_USDTshort | +0.0100% | 8h | 0.009161 | −0.011% | $769K | $1.4M | 50x | |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009154 | −0.087% | $674K | $305K | 200x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009159 | −0.033% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009154 | −0.087% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009146 | −0.175% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009157 | −0.059% | $183 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0120% | 8h | 0.009157 | −0.055% | $350K | $85K | 50x | as long as short |
Hyperliquid PEOPLE
Gate PEOPLE_USDT
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT