Funding you earn now, next payment 00:00 UTC−0.0229%/8h= −25.1% APRnext payment −$2.29 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against Aster−0.299%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.299% cheaper against Aster than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PEOPLEUSDT | 0.009164 | 0.0100 | pay 0.0100% / 8h | 26m 33s | $8K | $75K | 5x |
| Short | KuCoin PEOPLEUSDTM | 0.009137 | −0.0129 | pay 0.0129% / 8h | 26m 33s | $653K | $123K | 50x |
Aster PEOPLEUSDT
KuCoin PEOPLEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. 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
- −$48.09
- Price spread: −0.299% → 0.000%
- −$29.87
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$97.96
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 37 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 37 min ago | 12.59 bp | 30.4 bp −$30 | 1339.4 bp −$13.4K | doesn't fit | doesn't fit |
Aster: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEOPLEUSD | −0.1072% | 1h | 0.009142 | −0.247% | $35K | $45K | 10x | as long as short |
| KuCoin PEOPLEUSDTMshort | −0.0129% | 8h | 0.009137 | −0.299% | $653K | $123K | 50x | |
| Variational Omni PEOPLE | −0.0017% | 8h | 0.009144 | −0.217% | $6K | $3K | — | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0078% | 8h | 0.009140 | −0.266% | $3.3M | $8.5M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0093% | 8h | 0.009151 | −0.146% | $677K | $305K | 200x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009147 | −0.190% | $424K | $213K | 3x | as long as short |
| Aster PEOPLEUSDTlong | +0.0100% | 8h | 0.009164 | long leg | $8K | $75K | 5x | |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009150 | −0.155% | $5.6M | $15.2M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009144 | −0.222% | $1.6M | $2.2M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009152 | −0.135% | $770K | $1.4M | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDT
Hyperliquid PEOPLE
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
Gate PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009151 | −0.146% | $1.7M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009144 | −0.222% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009150 | −0.157% | $43K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009151 | −0.149% | $183 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0114% | 8h | 0.009149 | −0.168% | $350K | $86K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT