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: BingX against Gate+0.117%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$970.968% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 7 days−0.148%−$15 · spread now +0.117%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.121% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it 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 | 0.009365 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $783K | $1.7M | 50x |
| Short | BingX PEOPLE-USDT | 0.009376 | 0.0100 | get 0.0100% / 8h | 1h 50m | — | $7.5M | — |
Gate PEOPLE_USDT
BingX PEOPLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0
- Price spread: +0.117% → −0.004%
- $12.12
- Slippage, 4 orders
- −$71.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$84.68
- Costs to cover
- 0.968%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 2 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, 2 min ago | 12.87 bp | 28.0 bp −$28 | 186.2 bp −$1,862 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.83 bp | 20.7 bp −$21 | 47.1 bp −$471 | 326.5 bp −$32.7K | 440.2 bp −$220.1K |
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 | −0.0455% | 1h | 0.009354 | −0.122% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0028% | 8h | 0.009347 | −0.193% | $6K | $5K | — | as long as short |
| BloFin PEOPLE-USDT | +0.0078% | 8h | 0.009355 | −0.107% | $357K | $108K | 50x | as long as short |
| KuCoin PEOPLEUSDTM | +0.0091% | 8h | 0.009334 | −0.331% | $678K | $163K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009370 | +0.053% | $445K | $330K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009358 | −0.075% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009379 | +0.155% | $5.7M | $18.4M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009380 | +0.160% | $1.7M | $2.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009392 | +0.288% | $3.4M | $9.7M | 20x | as long as short |
| Gate PEOPLE_USDTlong | +0.0100% | 8h | 0.009365 | long leg | $783K | $1.7M | 50x |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
BloFin PEOPLE-USDT
KuCoin PEOPLEUSDTM
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance 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 | 0.009379 | +0.149% | $733K | $319K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009388 | +0.246% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDTshort | +0.0100% | 8h | 0.009376 | +0.117% | — | $7.5M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009327 | −0.406% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009385 | +0.214% | $188 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD