Funding you earn now, next payment 04:00 UTC+0.0207%/8h= +22.7% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate−0.064%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$920.918% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 4 days (all we have)+0.365%+$37 · spread now −0.064%, 7d avg −0.050%
=Together, before fees+0.583%+ Points / potential airdropHyperliquid: Season 2 · farm board+$58 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEOPLE_USDT | 0.009315 | −0.0107 | get 0.0107% / 8h | 4h 21m | $742K | $1.5M | 50x |
| Short | Hyperliquid PEOPLE | 0.009309 | 0.0100 | get 0.0013% / 1h | 21m 40s | $457K | $248K | 3x |
Gate PEOPLE_USDT
Hyperliquid PEOPLEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $43.47
- Price spread: −0.064% → −0.050%
- −$1.44
- Slippage, 4 orders
- −$67.85
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$49.82
- Costs to cover
- 0.918%
- Break-even
- 15.0 days
Slippage from Gate: live order book, 1 min ago; Hyperliquid: live order book, 68 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 | 9.14 bp | 29.0 bp −$29 | 149.2 bp −$1,492 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 68 min ago | 1.61 bp | 18.3 bp −$18 | doesn't fit | 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 | −0.0880% | 1h | 0.009303 | −0.126% | $35K | $46K | 10x | as long as short |
| Gate PEOPLE_USDTlong | −0.0107% | 8h | 0.009315 | long leg | $742K | $1.5M | 50x | |
| Variational Omni PEOPLE | −0.0017% | 8h | 0.009297 | −0.196% | $6K | $2K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0001% | 8h | 0.009319 | +0.043% | $663K | $151K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0074% | 8h | 0.009320 | +0.054% | $352K | $100K | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0082% | 8h | 0.009295 | −0.215% | $1.7M | $2.4M | 50x | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009309 | −0.064% | $457K | $248K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009309 | −0.066% | $5K | $84K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009304 | −0.121% | $5.7M | $16.7M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009286 | −0.311% | $3.3M | $8.9M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDT
Bybit PEOPLEUSDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009300 | −0.161% | $691K | $301K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009302 | −0.140% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009309 | −0.064% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009290 | −0.268% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009301 | −0.147% | $187 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD