Funding you earn now, next payment 03:00 UTC+0.1179%/8h= +129.1% APRpaid last 24h +0.138%
Price spread now: Bitget against Kraken Futures+0.078%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$35 a day on $10k at the current rate, and Bitget is 0.078% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEOPLEUSD | 0.009214 | −0.1079 | get 0.0135% / 1h | 3m 20s | $35K | $46K | 10x |
| Short | Bitget PEOPLEUSDT | 0.009221 | 0.0100 | get 0.0100% / 8h | 5h 03m | $1.8M | $1.3M | 50x |
Kraken Futures PF_PEOPLEUSD
Bitget PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $247.62
- Price spread: +0.078% → 0.000%
- $7.76
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $233.38
- Costs to cover
- 0.220%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 4 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 3.81 bp | 26.2 bp −$26 | 55.0 bp −$550 | doesn't fit | doesn't fit |
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_PEOPLEUSDlong | −0.1079% | 1h | 0.009214 | long leg | $35K | $46K | 10x | |
| Gate PEOPLE_USDT | −0.0517% | 8h | 0.009219 | +0.056% | $737K | $1.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | −0.0064% | 8h | 0.009189 | −0.270% | $668K | $146K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0028% | 8h | 0.009171 | −0.468% | $6K | $2K | — | as long as short |
| Bybit PEOPLEUSDT | +0.0030% | 8h | 0.009211 | −0.031% | $1.7M | $2.4M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0069% | 8h | 0.009215 | +0.013% | $3.3M | $8.7M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0071% | 8h | 0.009215 | +0.013% | $689K | $302K | 200x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009219 | +0.056% | $427K | $223K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009207 | −0.074% | $10K | $79K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009224 | +0.107% | $5.7M | $16.4M | 50x | as long as short |
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
MEXC PEOPLE_USDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTshort | +0.0100% | 8h | 0.009221 | +0.078% | $1.8M | $1.3M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009219 | +0.056% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009221 | +0.078% | $43K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009222 | +0.086% | $185 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0110% | 8h | 0.009224 | +0.110% | $357K | $97K | 50x | as long as short |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT