Funding you earn now, next payment 00:00 UTC+0.1152%/8h= +126.1% APRpaid last 24h +0.087%
Price spread now: OKX against Kraken Futures+0.053%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 +$35 a day on $10k at the current rate, and OKX is 0.053% 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 | 0.009143 | −0.1071 | get 0.0134% / 1h | 17m 11s | $35K | $45K | 10x |
| Short | OKX PEOPLE-USDT-SWAP | 0.009148 | 0.0080 | get 0.0080% / 8h | 17m 11s | $3.3M | $8.5M | 20x |
Kraken Futures PF_PEOPLEUSD
OKX PEOPLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $241.83
- Price spread: +0.053% → 0.000%
- $5.32
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $227.16
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 6 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 OKX live order book, 6 min ago | 1.10 bp | 21.8 bp −$22 | 62.3 bp −$623 | 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 | −0.1071% | 1h | 0.009143 | long leg | $35K | $45K | 10x | |
| KuCoin PEOPLEUSDTM | −0.0134% | 8h | 0.009145 | +0.020% | $654K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0015% | 8h | 0.009125 | −0.195% | $6K | $3K | — | as long as short |
| MEXC PEOPLE_USDT | +0.0077% | 8h | 0.009142 | −0.012% | $678K | $307K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAPshort | +0.0080% | 8h | 0.009148 | +0.053% | $3.3M | $8.5M | 20x | |
| BloFin PEOPLE-USDT | +0.0083% | 8h | 0.009150 | +0.075% | $349K | $86K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009156 | +0.141% | $425K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009138 | −0.054% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009154 | +0.116% | $5.6M | $15.2M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009154 | +0.119% | $1.6M | $2.2M | 50x | as long as short |
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
MEXC PEOPLE_USDT
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009146 | +0.031% | $750K | $1.5M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009157 | +0.152% | $1.7M | $1.1M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009153 | +0.108% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009144 | +0.009% | $43K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009141 | −0.021% | $182 | — | 5x | as long as short |
Gate PEOPLE_USDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD