Funding you earn now, next payment 04:00 UTC−0.0967%/8h= −105.9% APRpaid last 24h −0.160%
Price spread now: Kraken Futures against BloFin−0.152%57s7-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 −$29 a day on $10k at the current rate, and Kraken Futures is 0.152% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PEOPLE-USDT | 0.009347 | 0.0090 | pay 0.0090% / 8h | 4h 07m | $358K | $100K | 50x |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009333 | −0.0877 | pay 0.0110% / 1h | 7m 49s | $35K | $46K | 10x |
BloFin PEOPLE-USDT
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- −$203.14
- Price spread: −0.152% → 0.000%
- −$15.22
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$240.35
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 14 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 BloFin live order book, 14 min ago | 2.68 bp | 19.3 bp −$19 | 39.4 bp −$394 | doesn't fit | doesn'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: 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 | −0.0877% | 1h | 0.009333 | −0.152% | $35K | $46K | 10x | |
| Gate PEOPLE_USDT | −0.0118% | 8h | 0.009340 | −0.075% | $744K | $1.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0017% | 8h | 0.009318 | −0.310% | $663K | $151K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0017% | 8h | 0.009318 | −0.313% | $6K | $2K | — | as long as short |
| MEXC PEOPLE_USDT | +0.0082% | 8h | 0.009297 | −0.535% | $690K | $302K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0082% | 8h | 0.009295 | −0.556% | $3.3M | $8.9M | 20x | as long as short |
| BloFin PEOPLE-USDTlong | +0.0090% | 8h | 0.009347 | long leg | $358K | $100K | 50x | |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009291 | −0.599% | $1.7M | $2.4M | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009334 | −0.139% | $470K | $256K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009335 | −0.126% | $5K | $85K | 5x | as long as short |
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Bybit PEOPLEUSDT
Hyperliquid PEOPLE
Aster PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009305 | −0.447% | $5.7M | $16.7M | 50x | as long as short |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009322 | −0.267% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009338 | −0.096% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009344 | −0.032% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009330 | −0.177% | $187 | — | 5x | as long as short |
Binance PEOPLEUSDT
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD