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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h −0.028%
Price spread now: KuCoin against Extended−0.154%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.154% cheaper against Extended 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PEOPLE-USD0.0093240.0104pay 0.0013% / 1h11m 51s$1865x
ShortKuCoin PEOPLEUSDTM0.009310−0.0023pay 0.0023% / 8h4h 11m$662K$151K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
−$26.67
Price spread: −0.154% → 0.000%
−$15.42
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$59.09
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 2 min ago. 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 Extended no order-book sample
Sell KuCoin live order book, 2 min ago15.08 bp30.0 bp −$301002.7 bp −$10.0Kdoesn't fitdoesn't fit
Extended: 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_PEOPLEUSD−0.0878%1h0.009327+0.029%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0141%8h0.009321−0.036%$743K$1.5M50xas long as short
Variational Omni PEOPLE−0.0023%8h0.009279−0.488%$6K$2Kas long as short
KuCoin PEOPLEUSDTMshort−0.0023%8h0.009310−0.154%$662K$151K50x
MEXC PEOPLE_USDT+0.0075%8h0.009322−0.026%$693K$301K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0077%8h0.009315−0.101%$3.3M$8.9M20xas long as short
Bybit PEOPLEUSDT+0.0089%8h0.009317−0.079%$1.7M$2.4M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009324−0.004%$459K$249K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009324−0.002%$5K$85K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009323−0.011%$5.7M$16.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009320−0.047%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009313−0.122%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009316−0.090%$44K$53K50xas long as short
Extended PEOPLE-USDlong+0.0104%1h0.009324long leg$1865x
BloFin PEOPLE-USDT+0.0108%8h0.009319−0.058%$357K$100K50xas long as short