Funding you earn now, next payment 12:00 UTC+0.0773%/8h= +84.7% APRnext payment +$0.97 per $10,000 · paid last 24h +0.244%
Price spread now: Hyperliquid against Kraken Futures+0.048%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Hyperliquid is 0.048% dearer against Kraken Futures than usual: you sell high and buy low: +$5 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 | 0.009059 | −0.0673 | get 0.0084% / 1h | 11m 27s | $35K | $48K | 10x |
| Short | Hyperliquid PEOPLE | 0.009063 | 0.0100 | get 0.0013% / 1h | 11m 27s | $426K | $324K | 3x |
Kraken Futures PF_PEOPLEUSD
Hyperliquid PEOPLEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $162.41
- Price spread: +0.048% → 0.000%
- $4.79
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $148.2
- Costs to cover
- 0.190%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 12 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 Hyperliquid live order book, 12 min ago | 1.10 bp | doesn't fit | doesn't fit | 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 exchanges
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 | −0.0673% | 1h | 0.009059 | long leg | $35K | $48K | 10x | |
| Variational Omni PEOPLE | +0.0012% | 8h | 0.009083 | +0.268% | $5K | $5K | — | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009063 | +0.048% | $426K | $324K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009062 | +0.040% | $11K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009068 | +0.099% | $5.5M | $17.3M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009062 | +0.037% | $1.7M | $2.7M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009066 | +0.081% | $3.3M | $9.0M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009063 | +0.048% | $760K | $1.6M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009060 | +0.015% | $680K | $334K | 200x | as long as short |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009049 | −0.107% | $663K | $144K | 50x | as long as short |
Variational Omni PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Gate PEOPLE_USDT
MEXC PEOPLE_USDT
KuCoin PEOPLEUSDTMShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009069 | +0.114% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009065 | +0.070% | — | $12.4M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009067 | +0.092% | $43K | $40K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009062 | +0.039% | $182 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0109% | 8h | 0.009082 | +0.258% | $341K | $108K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT