Funding you earn now, next payment 08:00 UTC+0.0207%/8h= +22.7% APRnext payment +$2.07 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.066%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1021.023% of the position
Funding, last 7 days+0.185%+$18 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.066%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.070% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEOPLE_USDT | 0.009235 | −0.0107 | get 0.0107% / 8h | 6h 41m | $707K | $1.4M | 50x |
| Short | Binance PEOPLEUSDT | 0.009241 | 0.0100 | get 0.0100% / 8h | 6h 41m | $5.6M | $15.9M | 50x |
Gate PEOPLE_USDT
Binance PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.066% → −0.004%
- $7.02
- Slippage, 4 orders
- −$77.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.81
- Costs to cover
- 1.023%
- Break-even
- 15.3 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 14 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 | 9.73 bp | 32.3 bp −$32 | 188.8 bp −$1,888 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.54 bp | 24.3 bp −$24 | 59.1 bp −$591 | 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 | −0.1285% | 1h | 0.009240 | +0.052% | $36K | $45K | 10x | as long as short |
| Gate PEOPLE_USDTlong | −0.0107% | 8h | 0.009235 | long leg | $707K | $1.4M | 50x | |
| Variational Omni PEOPLE | −0.0026% | 8h | 0.009278 | +0.466% | $6K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0029% | 8h | 0.009227 | −0.087% | $696K | $140K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0081% | 8h | 0.009330 | +1.029% | $356K | $90K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009252 | +0.184% | $426K | $216K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009253 | +0.197% | $7K | $74K | 5x | as long as short |
| Binance PEOPLEUSDTshort | +0.0100% | 8h | 0.009241 | +0.066% | $5.6M | $15.9M | 50x | |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009233 | −0.022% | $1.7M | $2.3M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009237 | +0.022% | $3.4M | $8.6M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Bybit 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 | 0.009243 | +0.087% | $696K | $292K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009245 | +0.108% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009248 | +0.141% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009234 | −0.011% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009240 | +0.059% | $185 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD