Funding you earn now, next payment 10:00 UTC−0.0947%/8h= −103.7% APRpaid last 24h −0.196%
Price spread now: Kraken Futures against BingX−0.046%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$28 a day on $10k at the current rate, and Kraken Futures is 0.046% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PEOPLE-USDT | 0.009322 | 0.0100 | pay 0.0100% / 8h | 6h 57m | — | $10.7M | — |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009318 | −0.0847 | pay 0.0106% / 1h | 57m 12s | $36K | $48K | 10x |
BingX PEOPLE-USDT
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$198.87
- Price spread: −0.046% → 0.000%
- −$4.58
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$223.45
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 6 min ago | 5.36 bp | 20.2 bp −$20 | 48.9 bp −$489 | 418.0 bp −$41.8K | 504.9 bp −$252.4K |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEOPLEUSDshort | −0.0847% | 1h | 0.009318 | −0.046% | $36K | $48K | 10x | |
| Variational Omni PEOPLE | −0.0026% | 8h | 0.009336 | +0.148% | $6K | $5K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0052% | 8h | 0.009320 | −0.021% | $1.7M | $2.8M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0081% | 8h | 0.009319 | −0.032% | $720K | $329K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0084% | 8h | 0.009320 | −0.021% | $3.4M | $9.4M | 20x | as long as short |
| BloFin PEOPLE-USDT | +0.0095% | 8h | 0.009316 | −0.064% | $351K | $112K | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009327 | +0.054% | $438K | $334K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009325 | +0.031% | $10K | $95K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009325 | +0.031% | $5.7M | $18.1M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009324 | +0.021% | $780K | $1.6M | 50x | as long as short |
Variational Omni PEOPLE
Bybit PEOPLEUSDT
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
BloFin PEOPLE-USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Gate PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009316 | −0.064% | $672K | $159K | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009329 | +0.075% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDTlong | +0.0100% | 8h | 0.009322 | long leg | — | $10.7M | — | |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009303 | −0.204% | $44K | $48K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009322 | +0.002% | $186 | — | 5x | as long as short |
KuCoin PEOPLEUSDTM
Bitget PEOPLEUSDT
HTX PEOPLE-USDT
Extended PEOPLE-USD