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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1552%/8h= +169.9% APRnext payment +$1.94 per $10,000 · paid last 24h +0.059%
Price spread now: Extended against Kraken Futures+0.058%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 airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and Extended is 0.058% dearer against Kraken Futures than usual: you sell high and buy low: +$6 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_PEOPLEUSD0.009099−0.1448get 0.0181% / 1h0m 40s$35K$45K10x
ShortExtended PEOPLE-USD0.0091040.0104get 0.0013% / 1h0m 40s$1825x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$325.88
Price spread: +0.058% → 0.000%
$5.76
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$316.64
Costs to cover
0.150%
Break-even
0.2 days
Slippage unknown: Kraken Futures: no order-book sample; Extended: 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 Extended no order-book sample
Kraken Futures and Extended: 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−0.1448%1h0.009099long leg$35K$45K10x
KuCoin PEOPLEUSDTM−0.0144%8h0.009102+0.037%$647K$125K50xas long as short
Variational Omni PEOPLE−0.0081%8h0.009098−0.012%$6K$4Kas long as short
Bybit PEOPLEUSDT+0.0074%8h0.009100+0.015%$1.6M$2.1M50xas long as short
BloFin PEOPLE-USDT+0.0078%8h0.009097−0.018%$349K$84K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009105+0.069%$423K$212K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009112+0.146%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009105+0.069%$5.5M$15.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009098−0.007%$3.3M$8.4M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009109+0.113%$765K$1.4M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009102+0.037%$675K$306K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009112+0.146%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009098−0.007%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009090−0.095%$43K$52K50xas long as short
Extended PEOPLE-USDshort+0.0104%1h0.009104+0.058%$1825x