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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0773%/8h= −84.7% APRpaid last 24h −0.244%
Price spread now: Kraken Futures against HTX−0.081%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
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Kraken Futures is 0.081% cheaper against HTX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEOPLE-USDT0.0090660.0100pay 0.0100% / 8h4h 43m$43K$40K50x
ShortKraken Futures PF_PEOPLEUSD0.009059−0.0673pay 0.0084% / 1h43m 45s$35K$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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
−$162.41
Price spread: −0.081% → 0.000%
−$8.09
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$192.5
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; 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 HTX no order-book sample
Sell Kraken Futures no order-book sample
HTX and 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 exchanges

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−0.0673%1h0.009059−0.081%$35K$48K10x
Variational Omni PEOPLE−0.0032%8h0.009040−0.285%$5K$5Kas long as short
Bybit PEOPLEUSDT+0.0050%8h0.009064−0.022%$1.7M$2.7M50xas long as short
BloFin PEOPLE-USDT+0.0099%8h0.009069+0.033%$345K$107K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009067+0.011%$427K$322K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009057−0.100%$11K$76K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009063−0.034%$5.5M$17.3M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009068+0.022%$3.3M$9.0M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.0090660.000%$761K$1.6M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009063−0.033%$678K$332K200xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEOPLEUSDTM+0.0100%8h0.009049−0.188%$663K$150K50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.0090660.000%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009061−0.055%$12.5Mas long as short
HTX PEOPLE-USDTlong+0.0100%8h0.009066long leg$43K$40K50x
Extended PEOPLE-USD+0.0104%1h0.009058−0.086%$1815xas long as short