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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0838%/8h= +91.7% APRpaid last 24h +0.236%
Price spread now: BloFin against Kraken Futures+0.082%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 +$25 a day on $10k at the current rate, and BloFin is 0.082% dearer against Kraken Futures than usual: you sell high and buy low: +$8 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_PEOPLEUSD0.009102−0.0709get 0.0089% / 1h6m 24s$35K$47K10x
ShortBloFin PEOPLE-USDT0.0091090.0129get 0.0129% / 8h5h 06m$344K$108K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$175.89
Price spread: +0.082% → 0.000%
$8.18
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$162.07
Costs to cover
0.220%
Break-even
0.6 days
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 37 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 BloFin live order book, 37 min ago1.08 bp21.2 bp −$2143.8 bp −$438doesn't fitdoesn'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 exchanges

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−0.0709%1h0.009102long leg$35K$47K10x
Variational Omni PEOPLE−0.0032%8h0.009084−0.191%$5K$5Kas long as short
Bybit PEOPLEUSDT+0.0040%8h0.009108+0.071%$1.7M$2.7M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009106+0.049%$432K$321K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009113+0.123%$11K$77K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009109+0.081%$5.5M$17.2M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009106+0.049%$3.3M$9.1M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009111+0.104%$759K$1.6M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009110+0.093%$683K$336K200xas long as short
KuCoin PEOPLEUSDTM+0.0100%8h0.009106+0.049%$675K$145K50xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009120+0.203%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009110+0.093%$12.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009106+0.049%$43K$40K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009109+0.077%$1825xas long as short
BloFin PEOPLE-USDTshort+0.0129%8h0.009109+0.082%$344K$108K50x