Funding you earn now, next payment 01:00 UTC−0.1457%/8h= −159.5% APRpaid last 24h −0.101%
Price spread now: Kraken Futures against BingX−0.072%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and Kraken Futures is 0.072% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009213 | 0.0100 | pay 0.0100% / 8h | 7h 35m | — | $5.7M | — |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009206 | −0.1357 | pay 0.0170% / 1h | 35m 43s | $36K | $45K | 10x |
BingX PEOPLE-USDT
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$305.9
- Price spread: −0.072% → 0.000%
- −$7.24
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$333.13
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 10 min ago | 3.80 bp | 16.4 bp −$16 | 40.7 bp −$407 | 387.1 bp −$38.7K | 492.1 bp −$246.1K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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_PEOPLEUSDshort | −0.1357% | 1h | 0.009206 | −0.072% | $36K | $45K | 10x | |
| Gate PEOPLE_USDT | −0.0757% | 8h | 0.009199 | −0.152% | $717K | $1.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0035% | 8h | 0.009200 | −0.141% | $657K | $124K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0024% | 8h | 0.009201 | −0.135% | $6K | $3K | — | as long as short |
| BloFin PEOPLE-USDT | +0.0082% | 8h | 0.009214 | +0.011% | $352K | $87K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009215 | +0.022% | $427K | $210K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009210 | −0.029% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009215 | +0.023% | $5.6M | $15.3M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009212 | −0.011% | $1.6M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009220 | +0.076% | $3.4M | $8.6M | 20x | as long as short |
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
BloFin PEOPLE-USDT
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 | 0.009206 | −0.076% | $703K | $306K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009215 | +0.022% | $1.8M | $1.2M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009213 | long leg | — | $5.7M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009208 | −0.054% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009213 | +0.001% | $184 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD