Settings8H · net · $10k
Funding arb · Price arb /

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against MEXC−0.119%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$810.806% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.172%−$17 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.119%, 7d avg −0.009%
Together, before fees−0.036%−$4 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 0.110% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEOPLE_USDT0.0092450.0100pay 0.0100% / 8h7h 56m$683K$302K200x
ShortGate PEOPLE_USDT0.0092340.0100get 0.0100% / 8h7h 56m$722K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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
$0
Price spread: −0.119% → −0.009%
−$11.01
Slippage, 4 orders
−$61.62
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$91.63
Costs to cover
0.806%
Break-even
never at this rate
Slippage from MEXC: live order book, 9 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 9 min ago0.54 bp8.3 bp −$831.4 bp −$314244.5 bp −$24.5K483.4 bp −$241.7K
Sell Gate live order book, 1 min ago10.29 bp29.5 bp −$30175.2 bp −$1,752doesn't fitdoesn't fit

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−0.1352%1h0.009235−0.107%$36K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0083%8h0.009221−0.260%$660K$123K50xas long as short
Variational Omni PEOPLE−0.0008%8h0.009198−0.511%$6K$3Kas long as short
BloFin PEOPLE-USDT+0.0093%8h0.009238−0.076%$348K$87K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009249+0.043%$429K$213K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009231−0.147%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009242−0.032%$5.6M$15.3M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009236−0.097%$1.6M$2.2M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.0092450.000%$3.4M$8.7M20xas long as short
Gate PEOPLE_USDTshort+0.0100%8h0.009234−0.119%$722K$1.4M50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDTlong+0.0100%8h0.009245long leg$683K$302K200x
Bitget PEOPLEUSDT+0.0100%8h0.009243−0.022%$1.7M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009241−0.043%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009229−0.173%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009239−0.064%$1845xas long as short