Funding you earn now, next payment 22:00 UTC−0.1545%/8h= −169.2% APRpaid last 24h −0.058%
Price spread now: Kraken Futures against Gate−0.235%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 −$46 a day on $10k at the current rate, and Kraken Futures is 0.235% cheaper against Gate than usual: you would sell low and buy high (−$23 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 | Gate PEOPLE_USDT | 0.009138 | 0.0100 | pay 0.0100% / 8h | 2h 12m | $768K | $1.4M | 50x |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009117 | −0.1445 | pay 0.0181% / 1h | 12m 32s | $35K | $45K | 10x |
Gate PEOPLE_USDT
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$324.44
- Price spread: −0.235% → 0.000%
- −$23.49
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$372.93
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago | 4.91 bp | 23.5 bp −$23 | 197.6 bp −$1,976 | 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 | −0.1445% | 1h | 0.009117 | −0.235% | $35K | $45K | 10x | |
| KuCoin PEOPLEUSDTM | −0.0129% | 8h | 0.009127 | −0.120% | $644K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0091% | 8h | 0.009143 | +0.050% | $6K | $4K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0050% | 8h | 0.009110 | −0.306% | $1.6M | $2.1M | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0094% | 8h | 0.009125 | −0.142% | $348K | $84K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009118 | −0.219% | $423K | $212K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009132 | −0.068% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009113 | −0.274% | $5.5M | $15.1M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009108 | −0.328% | $3.3M | $8.4M | 20x | as long as short |
| Gate PEOPLE_USDTlong | +0.0100% | 8h | 0.009138 | long leg | $768K | $1.4M | 50x |
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance 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 | 0.009117 | −0.230% | $671K | $305K | 200x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009133 | −0.055% | $1.6M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009127 | −0.120% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009146 | +0.088% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009116 | −0.237% | $183 | — | 5x | as long as short |
MEXC PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD