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: MEXC against Gate−0.011%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.011%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEOPLE_USDT | 0.009361 | 0.0100 | pay 0.0100% / 8h | 2h 03m | $782K | $1.7M | 50x |
| Short | MEXC PEOPLE_USDT | 0.009360 | 0.0100 | get 0.0100% / 8h | 2h 03m | $721K | $326K | 200x |
Gate PEOPLE_USDT
MEXC PEOPLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.011% → +0.009%
- −$1.96
- Slippage, 4 orders
- −$58.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$79.19
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 37 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, 4 min ago | 6.92 bp | 35.1 bp −$35 | 182.8 bp −$1,828 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 37 min ago | 1.63 bp | 10.5 bp −$10 | 45.3 bp −$453 | 267.6 bp −$26.8K | 502.1 bp −$251.1K |
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 | −0.0588% | 1h | 0.009358 | −0.032% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0036% | 8h | 0.009367 | +0.063% | $6K | $5K | — | as long as short |
| KuCoin PEOPLEUSDTM | +0.0085% | 8h | 0.009358 | −0.032% | $680K | $163K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009353 | −0.085% | $444K | $329K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009360 | −0.015% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009360 | −0.011% | $5.7M | $18.4M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009357 | −0.043% | $1.7M | $2.8M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009352 | −0.096% | $3.4M | $9.7M | 20x | as long as short |
| Gate PEOPLE_USDTlong | +0.0100% | 8h | 0.009361 | long leg | $782K | $1.7M | 50x | |
| MEXC PEOPLE_USDTshort | +0.0100% | 8h | 0.009360 | −0.011% | $721K | $326K | 200x |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009359 | −0.021% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009360 | −0.011% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009347 | −0.150% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009358 | −0.036% | $188 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0120% | 8h | 0.009366 | +0.053% | $348K | $108K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT