data as of
Settings8H · net · $10k
Funding arb /

PEOPLE

all PEOPLE markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.1122%/8h
paid, last 24h−0.025%paid, last 4 days−0.154%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -0.154% in total (about -15.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PEOPLEUSDT0.0092080.0100pay 0.0100% / 8h5h 17m$5.4M$14.6M50x
ShortKraken Futures PF_PEOPLEUSD0.009208−0.1022pay 0.0128% / 1h17m 48s$36K$45K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$235.65
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$255.65
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.004%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago1.09 bp17.4 bp −$1743.5 bp −$435doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSDshort−0.1022%1h$36K$45K10x
Variational Omni PEOPLE+0.0035%8h$6K$4Kas long as short
KuCoin PEOPLEUSDTM+0.0087%8h$647K$125K50xas long as short
BloFin PEOPLE-USDT+0.0095%8h$351K$80K50xas long as short
Hyperliquid PEOPLE+0.0100%1h$435K$217K3xas long as short
Aster PEOPLEUSDT+0.0100%8h$9K$71K5xas long as short
Binance PEOPLEUSDTlong+0.0100%8h$5.4M$14.6M50x
Bybit PEOPLEUSDT+0.0100%8h$1.6M$2.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h$3.2M$8.1M20xas long as short
Gate PEOPLE_USDT+0.0100%8h$771K$1.5M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h$671K$304K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h$1.7M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h$5.4Mas long as short
HTX PEOPLE-USDT+0.0100%8h$44K$55K50xas long as short
Extended PEOPLE-USD+0.0104%1h$1845xas long as short