Settings8H · net · $10k
Funding arb · Price arb /

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1338%/8h= +146.5% APRpaid last 24h +0.073%
Price spread now: Aster against Kraken Futures+0.047%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Aster is 0.047% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PEOPLEUSD0.009142−0.1238get 0.0155% / 1h27m 31s$35K$45K10x
ShortAster PEOPLEUSDT0.0091460.0100get 0.0100% / 8h1h 27m$8K$75K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$280.98
Price spread: +0.047% → 0.000%
$4.7
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$267.68
Costs to cover
0.180%
Break-even
0.3 days
Slippage unknown: Kraken Futures: no order-book sample; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSDlong−0.1238%1h0.009142long leg$35K$45K10x
KuCoin PEOPLEUSDTM−0.0122%8h0.009128−0.152%$651K$123K50xas long as short
Variational Omni PEOPLE−0.0057%8h0.009132−0.104%$6K$4Kas long as short
BloFin PEOPLE-USDT+0.0081%8h0.009162+0.220%$349K$85K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009154+0.133%$425K$213K3xas long as short
Aster PEOPLEUSDTshort+0.0100%8h0.009146+0.047%$8K$75K5x
Binance PEOPLEUSDT+0.0100%8h0.009149+0.077%$5.5M$15.1M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009153+0.122%$1.6M$2.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009148+0.067%$3.3M$8.5M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009151+0.100%$769K$1.4M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009152+0.111%$673K$303K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009160+0.198%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009147+0.056%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009154+0.133%$43K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009146+0.046%$1835xas long as short