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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1442%/8h= +157.9% APRpaid last 24h +0.101%
Price spread now: BingX against Kraken Futures+0.130%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$43 a day on $10k at the current rate, and BingX is 0.130% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PEOPLEUSD0.009307−0.1342get 0.0168% / 1h22m 36s$36K$45K10x
ShortBingX PEOPLE-USDT0.0093190.0100get 0.0100% / 8h7h 22m$7.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$302.82
Price spread: +0.130% → 0.000%
$12.96
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$295.77
Costs to cover
0.200%
Break-even
0.2 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 13 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 Kraken Futures no order-book sample
Sell BingX live order book, 13 min ago4.88 bp23.0 bp −$2346.1 bp −$461341.1 bp −$34.1K488.9 bp −$244.5K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSDlong−0.1342%1h0.009307long leg$36K$45K10x
Gate PEOPLE_USDT−0.0156%8h0.009312+0.054%$725K$1.5M50xas long as short
Variational Omni PEOPLE−0.0022%8h0.009268−0.419%$6K$3Kas long as short
KuCoin PEOPLEUSDTM−0.0007%8h0.009308+0.011%$665K$124K50xas long as short
BloFin PEOPLE-USDT+0.0072%8h0.009300−0.075%$352K$88K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009314+0.076%$431K$210K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009312+0.053%$9K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009314+0.076%$5.7M$15.4M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009303−0.042%$1.7M$2.2M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009308+0.011%$3.4M$8.7M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009301−0.064%$707K$309K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009320+0.140%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009319+0.130%$7.5M
HTX PEOPLE-USDT+0.0100%8h0.009300−0.075%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009312+0.058%$1865xas long as short