Funding you earn now, next payment 09:00 UTC−0.1253%/8h= −137.2% APRnext payment −$1.57 per $10,000 · paid last 24h −0.197%
Price spread now: Kraken Futures against Extended−0.073%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
=Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Kraken Futures is 0.073% cheaper against Extended 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 | Extended PEOPLE-USD | 0.009194 | 0.0104 | pay 0.0013% / 1h | 25m 47s | $184 | — | 5x |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009188 | −0.1149 | pay 0.0144% / 1h | 25m 47s | $36K | $48K | 10x |
Extended PEOPLE-USD
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$263.05
- Price spread: −0.073% → 0.000%
- −$7.32
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$285.37
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; 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 Extended no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Extended and 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 | −0.1149% | 1h | 0.009188 | −0.073% | $36K | $48K | 10x | |
| Gate PEOPLE_USDT | −0.0176% | 8h | 0.009201 | +0.073% | $772K | $1.7M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0039% | 8h | 0.009186 | −0.093% | $5K | $5K | — | as long as short |
| Bybit PEOPLEUSDT | −0.0010% | 8h | 0.009224 | +0.323% | $1.7M | $2.8M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0054% | 8h | 0.009218 | +0.258% | $702K | $329K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0056% | 8h | 0.009233 | +0.421% | $3.4M | $9.5M | 20x | as long as short |
| BloFin PEOPLE-USDT | +0.0092% | 8h | 0.009196 | +0.018% | $352K | $111K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009219 | +0.269% | $432K | $346K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009217 | +0.250% | $11K | $95K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009230 | +0.383% | $5.6M | $18.3M | 50x | as long as short |
Gate PEOPLE_USDT
Variational Omni PEOPLE
Bybit PEOPLEUSDT
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009199 | +0.051% | $664K | $160K | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009235 | +0.443% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009216 | +0.236% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009198 | +0.040% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USDlong | +0.0104% | 1h | 0.009194 | long leg | $184 | — | 5x |
KuCoin PEOPLEUSDTM
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT