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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0326%/8h= +35.7% APRnext payment +$3.26 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Gate+0.076%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.219%+$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and HTX is 0.076% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.219% in total (about 11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PEOPLE_USDT0.009234−0.0226get 0.0226% / 8h4h 36m$736K$1.5M50x
ShortHTX PEOPLE-USDT0.0092410.0100get 0.0100% / 8h4h 36m$44K$53K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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
$68.46
Price spread: +0.076% → 0.000%
$7.58
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
$49.04
Costs to cover
0.270%
Break-even
2.0 days
Slippage unknown: Gate: live order book, 1 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago8.65 bp29.8 bp −$30183.6 bp −$1,836doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0887%1h0.009226−0.089%$35K$46K10xas long as short
Gate PEOPLE_USDTlong−0.0226%8h0.009234long leg$736K$1.5M50x
Variational Omni PEOPLE−0.0038%8h0.009188−0.500%$6K$2Kas long as short
KuCoin PEOPLEUSDTM−0.0029%8h0.009232−0.022%$657K$151K50xas long as short
Bybit PEOPLEUSDT+0.0049%8h0.0092340.000%$1.7M$2.4M50xas long as short
BloFin PEOPLE-USDT+0.0072%8h0.009241+0.076%$356K$98K50xas long as short
MEXC PEOPLE_USDT+0.0076%8h0.009233−0.011%$687K$300K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0078%8h0.009241+0.076%$3.3M$8.8M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009227−0.076%$426K$226K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009227−0.071%$10K$80K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PEOPLEUSDT+0.0100%8h0.009235+0.008%$5.7M$16.5M50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009238+0.043%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009239+0.054%$7.5Mas long as short
HTX PEOPLE-USDTshort+0.0100%8h0.009241+0.076%$44K$53K50x
Extended PEOPLE-USD+0.0104%1h0.009231−0.036%$1855xas long as short