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
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 +$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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEOPLEUSD | 0.009328 | −0.1131 | get 0.0141% / 1h | 1m 43s | $36K | $48K | 10x |
| Short | Gate PEOPLE_USDT | 0.009348 | 0.0100 | get 0.0100% / 8h | 7h 01m | $783K | $1.7M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 9.63 bp | 25.5 bp −$26 | 174.3 bp −$1,743 | 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 | −0.1131% | 1h | 0.009328 | long leg | $36K | $48K | 10x | |
| Variational Omni PEOPLE | −0.0020% | 8h | 0.009342 | +0.147% | $6K | $5K | — | as long as short |
| MEXC PEOPLE_USDT | +0.0085% | 8h | 0.009343 | +0.158% | $727K | $336K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0086% | 8h | 0.009344 | +0.169% | $3.4M | $9.5M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009336 | +0.083% | $438K | $332K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009350 | +0.228% | $10K | $95K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009354 | +0.276% | $5.7M | $18.0M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009343 | +0.158% | $1.7M | $2.8M | 50x | as long as short |
| Gate PEOPLE_USDTshort | +0.0100% | 8h | 0.009348 | +0.212% | $783K | $1.7M | 50x | |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009338 | +0.104% | $671K | $157K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009350 | +0.233% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009348 | +0.212% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009342 | +0.147% | $44K | $48K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009352 | +0.259% | $187 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0106% | 8h | 0.009330 | +0.019% | $352K | $112K | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
KuCoin PEOPLEUSDTM
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT