Funding you earn now, next payment 05:00 UTC+0.0493%/8h= +54.0% APRpaid last 24h +0.166%
Price spread now: Bitget against Kraken Futures+0.138%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bitget is 0.138% dearer against Kraken Futures than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEOPLEUSD | 0.009425 | −0.0393 | get 0.0049% / 1h | 49m 17s | $36K | $46K | 10x |
| Short | Bitget PEOPLEUSDT | 0.009438 | 0.0100 | get 0.0100% / 8h | 3h 49m | $1.8M | $1.3M | 50x |
Kraken Futures PF_PEOPLEUSD
Bitget PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $103.58
- Price spread: +0.138% → 0.000%
- $13.79
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $95.37
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 5.25 bp | 28.8 bp −$29 | 109.8 bp −$1,098 | doesn't fit | doesn't fit |
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_PEOPLEUSDlong | −0.0393% | 1h | 0.009425 | long leg | $36K | $46K | 10x | |
| Gate PEOPLE_USDT | −0.0087% | 8h | 0.009459 | +0.361% | $751K | $1.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0012% | 8h | 0.009464 | +0.414% | $664K | $154K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0011% | 8h | 0.009511 | +0.911% | $6K | $2K | — | as long as short |
| MEXC PEOPLE_USDT | +0.0090% | 8h | 0.009433 | +0.085% | $695K | $298K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0090% | 8h | 0.009433 | +0.085% | $3.4M | $9.2M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009450 | +0.265% | $489K | $269K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009474 | +0.519% | $4K | $87K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009438 | +0.138% | $5.9M | $17.0M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009424 | −0.011% | $1.7M | $2.5M | 50x | as long as short |
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
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 PEOPLEUSDTshort | +0.0100% | 8h | 0.009438 | +0.138% | $1.8M | $1.3M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009444 | +0.202% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009440 | +0.159% | $45K | $50K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009434 | +0.098% | $189 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0114% | 8h | 0.009432 | +0.074% | $358K | $103K | 50x | as long as short |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT