Funding you earn now, next payment 05:00 UTC−0.0491%/8h= −53.8% APRpaid last 24h −0.166%
Price spread now: Kraken Futures against Bitget−0.138%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 −$15 a day on $10k at the current rate, and Kraken Futures is 0.138% cheaper against Bitget than usual: you would sell low and buy high (−$14 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 | Bitget PEOPLEUSDT | 0.009493 | 0.0100 | pay 0.0100% / 8h | 3h 50m | $1.8M | $1.3M | 50x |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009480 | −0.0391 | pay 0.0049% / 1h | 50m 17s | $36K | $46K | 10x |
Bitget PEOPLEUSDT
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- −$103.1
- Price spread: −0.138% → 0.000%
- −$13.76
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$138.87
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 5.25 bp | 40.6 bp −$41 | 188.5 bp −$1,885 | doesn't fit | doesn't fit |
| 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 | −0.0391% | 1h | 0.009480 | −0.138% | $36K | $46K | 10x | |
| Gate PEOPLE_USDT | −0.0087% | 8h | 0.009499 | +0.063% | $754K | $1.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0013% | 8h | 0.009508 | +0.158% | $667K | $154K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0011% | 8h | 0.009511 | +0.188% | $6K | $2K | — | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0090% | 8h | 0.009485 | −0.084% | $3.4M | $9.2M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0091% | 8h | 0.009486 | −0.074% | $699K | $298K | 200x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009496 | +0.032% | $492K | $268K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009516 | +0.240% | $4K | $87K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009488 | −0.055% | $5.9M | $17.0M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009478 | −0.158% | $1.7M | $2.5M | 50x | as long as short |
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
OKX PEOPLE-USDT-SWAP
MEXC 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTlong | +0.0100% | 8h | 0.009493 | long leg | $1.8M | $1.3M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009494 | +0.011% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009483 | −0.105% | $45K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009484 | −0.093% | $190 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0105% | 8h | 0.009539 | +0.485% | $362K | $104K | 50x | as long as short |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT