Settings8H · net · $10k
Funding arb · Price arb /

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0688%/8h= −75.4% APRpaid last 24h −0.175%
Price spread now: Kraken Futures against MEXC−0.013%7-day average · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEOPLE_USDT0.0093500.0100pay 0.0100% / 8h2h 01m$720K$326K200x
ShortKraken Futures PF_PEOPLEUSD0.009349−0.0588pay 0.0074% / 1h1m 15s$36K$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
−$144.54
Price spread: −0.013% → 0.000%
−$1.32
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$159.86
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 39 min ago; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 39 min ago1.63 bp11.9 bp −$1245.7 bp −$457271.8 bp −$27.2K513.2 bp −$256.6K
Sell Kraken Futures no order-book sample
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_PEOPLEUSDshort−0.0588%1h0.009349−0.013%$36K$48K10x
Variational Omni PEOPLE−0.0036%8h0.009367+0.180%$6K$5Kas long as short
KuCoin PEOPLEUSDTM+0.0089%8h0.0093500.000%$679K$163K50xas long as short
BloFin PEOPLE-USDT+0.0093%8h0.009348−0.021%$350K$108K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.0093500.000%$444K$330K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009347−0.035%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009354+0.042%$5.7M$18.4M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009344−0.064%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009347−0.032%$3.4M$9.7M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009357+0.075%$782K$1.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDTlong+0.0100%8h0.009350long leg$720K$326K200x
Bitget PEOPLEUSDT+0.0100%8h0.009356+0.064%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009353+0.032%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.0093500.000%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009350+0.003%$1885xas long as short