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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.022%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.178%−$18 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.022%, 7d avg +0.021%
Together, before fees−0.191%−$19 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PEOPLEUSDT0.0091600.0100pay 0.0100% / 8h1h 45m$1.6M$2.1M50x
ShortGate PEOPLE_USDT0.0091620.0100get 0.0100% / 8h1h 45m$770K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.022% → +0.021%
$0.08
Slippage, 4 orders
−$90.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$116.83
Costs to cover
1.169%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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 Bybit live order book, 2 min ago2.74 bp21.7 bp −$2264.5 bp −$645doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago3.28 bp38.7 bp −$39205.0 bp −$2,050doesn'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−0.1237%1h0.009152−0.092%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0150%8h0.009137−0.251%$652K$123K50xas long as short
Variational Omni PEOPLE−0.0052%8h0.009134−0.288%$6K$4Kas long as short
Hyperliquid PEOPLE+0.0100%1h0.009164+0.044%$425K$212K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009160+0.005%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009159−0.011%$5.6M$15.1M50xas long as short
Bybit PEOPLEUSDTlong+0.0100%8h0.009160long leg$1.6M$2.1M50x
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009165+0.055%$3.3M$8.5M20xas long as short
Gate PEOPLE_USDTshort+0.0100%8h0.009162+0.022%$770K$1.4M50x
MEXC PEOPLE_USDT+0.0100%8h0.009159−0.011%$673K$302K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.0091600.000%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009158−0.022%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009158−0.022%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009157−0.030%$1835xas long as short
BloFin PEOPLE-USDT+0.0123%8h0.0091600.000%$349K$84K50xas long as short