Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.163%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$930.935% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 7 days+0.156%+$16 · spread now −0.163%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.179% cheaper against Gate than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEOPLE_USDT | 0.009213 | 0.0100 | pay 0.0100% / 8h | 41m 52s | $776K | $1.4M | 50x |
| Short | OKX PEOPLE-USDT-SWAP | 0.009198 | 0.0100 | get 0.0100% / 8h | 41m 52s | $3.3M | $8.5M | 20x |
Gate PEOPLE_USDT
OKX PEOPLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.163% → +0.017%
- −$17.94
- Slippage, 4 orders
- −$68.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$111.43
- Costs to cover
- 0.935%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; OKX: live order book, 1 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, just now | 7.06 bp | 29.7 bp −$30 | 165.9 bp −$1,659 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.54 bp | 17.3 bp −$17 | 53.2 bp −$532 | 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 | −0.1066% | 1h | 0.009191 | −0.243% | $36K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0086% | 8h | 0.009216 | +0.033% | $658K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0007% | 8h | 0.009220 | +0.074% | $6K | $3K | — | as long as short |
| BloFin PEOPLE-USDT | +0.0089% | 8h | 0.009209 | −0.043% | $348K | $86K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009202 | −0.119% | $427K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009213 | 0.000% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009198 | −0.163% | $5.6M | $15.2M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009195 | −0.195% | $1.6M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAPshort | +0.0100% | 8h | 0.009198 | −0.163% | $3.3M | $8.5M | 20x | |
| Gate PEOPLE_USDTlong | +0.0100% | 8h | 0.009213 | long leg | $776K | $1.4M | 50x |
Kraken Futures PF_PEOPLEUSD
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009207 | −0.065% | $682K | $305K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009214 | +0.011% | $1.7M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009209 | −0.043% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009208 | −0.054% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009200 | −0.143% | $184 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD