Funding you earn now, next payment 16:00 UTC−0.0121%/8h= −13.2% APRnext payment −$1.21 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.043%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.043%, 7d avg +0.053%
=The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEOPLEUSDT | 0.009272 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $1.8M | $1.4M | 50x |
| Short | Gate PEOPLE_USDT | 0.009276 | −0.0021 | pay 0.0021% / 8h | 7h 38m | $781K | $1.6M | 50x |
Bitget PEOPLEUSDT
Gate PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$25.41
- Price spread: +0.043% → +0.053%
- −$0.97
- Slippage, 4 orders
- −$87.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$140.93
- Costs to cover
- 1.146%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 4 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 Bitget live order book, 4 min ago | 3.23 bp | 27.7 bp −$28 | 74.6 bp −$746 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 6.46 bp | 33.6 bp −$34 | 172.1 bp −$1,721 | 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 | −0.1140% | 1h | 0.009255 | −0.189% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0032% | 8h | 0.009259 | −0.141% | $6K | $5K | — | as long as short |
| Gate PEOPLE_USDTshort | −0.0021% | 8h | 0.009276 | +0.043% | $781K | $1.6M | 50x | |
| Bybit PEOPLEUSDT | +0.0004% | 8h | 0.009253 | −0.205% | $1.7M | $2.8M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0046% | 8h | 0.009265 | −0.075% | $693K | $324K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0048% | 8h | 0.009278 | +0.065% | $3.4M | $9.5M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009272 | 0.000% | $433K | $344K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009275 | +0.029% | $11K | $95K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009266 | −0.061% | $5.7M | $18.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009249 | −0.248% | $667K | $165K | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
Bybit PEOPLEUSDT
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
KuCoin PEOPLEUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTlong | +0.0100% | 8h | 0.009272 | long leg | $1.8M | $1.4M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009271 | −0.011% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009265 | −0.075% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009263 | −0.100% | $186 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0105% | 8h | 0.009267 | −0.054% | $352K | $111K | 50x | as long as short |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT