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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC+0.0555%/8h= +60.8% APRpaid last 24h +0.187%
Price spread now: Aster against Kraken Futures−0.204%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on Aster
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 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.204% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.204% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 29 hours of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PEOPLEUSD0.009354−0.0455get 0.0057% / 1h51m 17s$36K$48K10x
ShortAster PEOPLEUSDT0.0093340.0100get 0.0100% / 8h1h 51m$11K$96K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$116.65
Price spread: −0.204% → 0.000%
−$20.4
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$78.25
Costs to cover
0.180%
Break-even
2.3 days
Slippage unknown: Kraken Futures: no order-book sample; Aster: 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 Kraken Futures no order-book sample—————
Sell Aster no order-book sample—————
Kraken Futures and Aster: 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_PEOPLEUSDlong−0.0455%1h0.009354long leg$36K$48K10x
Variational Omni PEOPLE−0.0026%8h0.009314−0.424%$6K$5K—as long as short
KuCoin PEOPLEUSDTM+0.0091%8h0.009324−0.316%$678K$163K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009340−0.145%$443K$330K3xas long as short
Aster PEOPLEUSDTshort+0.0100%8h0.009334−0.204%$11K$96K5x
Binance PEOPLEUSDT+0.0100%8h0.009350−0.043%$5.7M$18.4M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009345−0.092%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009351−0.027%$3.4M$9.7M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009338−0.166%$780K$1.7M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009338−0.166%$730K$319K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009344−0.102%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009344−0.102%—$7.5M—as long as short
HTX PEOPLE-USDT+0.0100%8h0.009326−0.295%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009347−0.071%$187—5xas long as short
BloFin PEOPLE-USDT+0.0130%8h0.009321−0.348%$354K$108K50xas long as short