Funding arb · Price arb /

PEOPLE

all PEOPLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: Aster against KuCoin+0.180%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.128%+$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.180% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it 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	KuCoin PEOPLEUSDTM	0.009255	0.0100	pay 0.0100% / 8h	7h 38m	$667K	$165K	50x
Short	Aster PEOPLEUSDT	0.009272	0.0100	get 0.0100% / 8h	7h 38m	$11K	$95K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now +0.180%Rate

Funding earned: $0
Price spread: +0.180% → 0.000%: $18.04
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$1.96
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 66 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 66 min ago	18.69 bp	34.2 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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_PEOPLEUSD	−0.1140%	1h	0.009258	+0.027%	$36K	$48K	10x	as long as short
Variational Omni PEOPLE	−0.0032%	8h	0.009259	+0.043%	$6K	$5K	—	as long as short
Bybit PEOPLEUSDT	+0.0004%	8h	0.009250	−0.054%	$1.7M	$2.8M	50x	as long as short
MEXC PEOPLE_USDT	+0.0046%	8h	0.009259	+0.043%	$693K	$324K	200x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0046%	8h	0.009261	+0.065%	$3.4M	$9.5M	20x	as long as short
Gate PEOPLE_USDT	+0.0074%	8h	0.009271	+0.173%	$781K	$1.6M	50x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009260	+0.054%	$433K	$344K	3x	as long as short
Aster PEOPLEUSDTshort	+0.0100%	8h	0.009272	+0.180%	$11K	$95K	5x
Binance PEOPLEUSDT	+0.0100%	8h	0.009259	+0.043%	$5.7M	$18.5M	50x	as long as short
KuCoin PEOPLEUSDTMlong	+0.0100%	8h	0.009255	long leg	$667K	$165K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEOPLEUSDT	+0.0100%	8h	0.009261	+0.065%	$1.8M	$1.4M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009256	+0.011%	—	$10.7M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009272	+0.184%	$44K	$51K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009263	+0.082%	$186	—	5x	as long as short
BloFin PEOPLE-USDT	+0.0105%	8h	0.009267	+0.130%	$352K	$111K	50x	as long as short