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 BingX+0.064%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$880.877% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.219%−$22 on $10k
Price spread, last 7 days−0.040%−$4 · spread now +0.064%, 7d avg +0.003%
Together, before fees−0.259%−$26 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 0.060% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PEOPLE-USDT0.0094050.0100pay 0.0100% / 8h59m 41s$9.1M
ShortGate PEOPLE_USDT0.0094110.0100get 0.0100% / 8h59m 41s$783K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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: +0.064% → +0.003%
$6.04
Slippage, 4 orders
−$62.68
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$81.64
Costs to cover
0.877%
Break-even
never at this rate
Slippage from BingX: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago4.80 bp17.4 bp −$1742.0 bp −$420374.3 bp −$37.4K490.2 bp −$245.1K
Sell Gate live order book, 3 min ago7.97 bp24.4 bp −$24157.6 bp −$1,576doesn'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−0.0452%1h0.009417+0.132%$36K$48K10xas long as short
Variational Omni PEOPLE−0.0037%8h0.009382−0.241%$6K$5Kas long as short
Hyperliquid PEOPLE+0.0100%1h0.009410+0.053%$447K$331K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009403−0.019%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009405+0.004%$5.7M$18.6M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009393−0.128%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009403−0.021%$3.5M$9.7M20xas long as short
Gate PEOPLE_USDTshort+0.0100%8h0.009411+0.064%$783K$1.7M50x
MEXC PEOPLE_USDT+0.0100%8h0.009403−0.021%$720K$330K200xas long as short
KuCoin PEOPLEUSDTM+0.0100%8h0.009402−0.032%$682K$163K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009409+0.043%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDTlong+0.0100%8h0.009405long leg$9.1M
HTX PEOPLE-USDT+0.0100%8h0.009422+0.181%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009411+0.060%$1885xas long as short
BloFin PEOPLE-USDT+0.0127%8h0.009392−0.138%$354K$109K50xas long as short