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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.1241%/8h= +135.9% APRpaid last 24h +0.196%
Price spread now: BingX against Kraken Futures+0.103%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and BingX is 0.103% dearer against Kraken Futures than usual: you sell high and buy low: +$10 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_PEOPLEUSD0.009249−0.1141get 0.0143% / 1h35m 25s$36K$48K10x
ShortBingX PEOPLE-USDT0.0092590.0100get 0.0100% / 8h7h 35m$10.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$260.6
Price spread: +0.103% → 0.000%
$10.33
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$250.93
Costs to cover
0.200%
Break-even
0.3 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 3 min ago. 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 BingX live order book, 3 min ago5.39 bp19.2 bp −$1944.1 bp −$441327.4 bp −$32.7K468.3 bp −$234.2K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSDlong−0.1141%1h0.009249long leg$36K$48K10x
Variational Omni PEOPLE−0.0032%8h0.009241−0.092%$6K$5Kas long as short
Bybit PEOPLEUSDT−0.0018%8h0.009255+0.060%$1.7M$2.8M50xas long as short
Gate PEOPLE_USDT+0.0020%8h0.009261+0.125%$779K$1.6M50xas long as short
MEXC PEOPLE_USDT+0.0044%8h0.009247−0.026%$692K$325K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0046%8h0.009255+0.060%$3.4M$9.5M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009250+0.006%$432K$344K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009277+0.301%$11K$95K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009271+0.236%$5.7M$18.5M50xas long as short
KuCoin PEOPLEUSDTM+0.0100%8h0.009247−0.026%$666K$165K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009265+0.168%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009259+0.103%$10.7M
HTX PEOPLE-USDT+0.0100%8h0.009261+0.125%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009252+0.023%$1865xas long as short
BloFin PEOPLE-USDT+0.0123%8h0.009274+0.266%$353K$112K50xas long as short