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+0.1231%/8h= +134.8% APRpaid last 24h +0.196%
Price spread now: Gate against Kraken Futures+0.212%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 Gate is 0.212% dearer against Kraken Futures than usual: you sell high and buy low: +$21 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_PEOPLEUSD0.009328−0.1131get 0.0141% / 1h1m 43s$36K$48K10x
ShortGate PEOPLE_USDT0.0093480.0100get 0.0100% / 8h7h 01m$783K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$258.57
Price spread: +0.212% → 0.000%
$21.16
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$254.73
Costs to cover
0.250%
Break-even
0.1 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago9.63 bp25.5 bp −$26174.3 bp −$1,743doesn'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 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−0.1131%1h0.009328long leg$36K$48K10x
Variational Omni PEOPLE−0.0020%8h0.009342+0.147%$6K$5Kas long as short
MEXC PEOPLE_USDT+0.0085%8h0.009343+0.158%$727K$336K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0086%8h0.009344+0.169%$3.4M$9.5M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009336+0.083%$438K$332K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009350+0.228%$10K$95K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009354+0.276%$5.7M$18.0M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009343+0.158%$1.7M$2.8M50xas long as short
Gate PEOPLE_USDTshort+0.0100%8h0.009348+0.212%$783K$1.7M50x
KuCoin PEOPLEUSDTM+0.0100%8h0.009338+0.104%$671K$157K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009350+0.233%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009348+0.212%$10.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009342+0.147%$44K$48K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009352+0.259%$1875xas long as short
BloFin PEOPLE-USDT+0.0106%8h0.009330+0.019%$352K$112K50xas long as short