Funding you earn now, next payment 05:00 UTC+0.0484%/8h= +53.0% APRpaid last 24h +0.166%
Price spread now: Bybit against Kraken Futures+0.002%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEOPLEUSD | 0.009323 | −0.0398 | get 0.0050% / 1h | 14m 06s | $36K | $47K | 10x |
| Short | Bybit PEOPLEUSDT | 0.009323 | 0.0086 | get 0.0086% / 8h | 3h 14m | $1.7M | $2.6M | 50x |
Kraken Futures PF_PEOPLEUSD
Bybit PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $101.64
- Price spread: +0.002% → 0.000%
- $0.17
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $80.81
- Costs to cover
- 0.210%
- Break-even
- 1.4 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 3.75 bp | 27.7 bp −$28 | 65.2 bp −$652 | 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 | −0.0398% | 1h | 0.009323 | long leg | $36K | $47K | 10x | |
| Gate PEOPLE_USDT | −0.0149% | 8h | 0.009326 | +0.034% | $721K | $1.6M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0044% | 8h | 0.009304 | −0.198% | $7K | $3K | — | as long as short |
| KuCoin PEOPLEUSDTM | −0.0002% | 8h | 0.009323 | +0.002% | $666K | $159K | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0084% | 8h | 0.009330 | +0.077% | $713K | $309K | 200x | as long as short |
| Bybit PEOPLEUSDTshort | +0.0086% | 8h | 0.009323 | +0.002% | $1.7M | $2.6M | 50x | |
| OKX PEOPLE-USDT-SWAP | +0.0087% | 8h | 0.009326 | +0.034% | $3.4M | $9.4M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009333 | +0.109% | $484K | $281K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009329 | +0.065% | $4K | $91K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009329 | +0.066% | $5.8M | $17.7M | 50x | as long as short |
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009330 | +0.077% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009325 | +0.023% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009328 | +0.055% | $44K | $50K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009326 | +0.036% | $187 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0117% | 8h | 0.009328 | +0.055% | $367K | $104K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT