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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1386%/8h= +151.8% APRnext payment +$1.73 per $10,000 · paid last 24h +0.102%
Price spread now: Extended against Kraken Futures−0.718%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.718% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.718% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$72 on $10k: about 41 hours of funding at the current rate (+$42 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PEOPLEUSD0.009261−0.1282get 0.0160% / 1h56m 38s$36K$45K10x
ShortExtended PEOPLE-USD0.0091950.0104get 0.0013% / 1h56m 38s$1845x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$291.16
Price spread: −0.718% → 0.000%
−$71.76
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$204.4
Costs to cover
0.150%
Break-even
2.1 days
Slippage unknown: Kraken Futures: no order-book sample; Extended: 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 Extended no order-book sample
Kraken Futures and Extended: 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−0.1282%1h0.009261long leg$36K$45K10x
Gate PEOPLE_USDT−0.0220%8h0.009210−0.553%$707K$1.4M50xas long as short
Variational Omni PEOPLE−0.0024%8h0.009301+0.433%$6K$3Kas long as short
KuCoin PEOPLEUSDTM+0.0028%8h0.009244−0.186%$697K$140K50xas long as short
BloFin PEOPLE-USDT+0.0097%8h0.009260−0.013%$355K$89K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009224−0.402%$424K$215K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009245−0.176%$7K$76K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009203−0.626%$5.6M$15.8M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009187−0.801%$1.6M$2.3M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009190−0.769%$3.4M$8.6M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009214−0.510%$703K$287K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009203−0.629%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009205−0.607%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009270+0.095%$44K$53K50xas long as short
Extended PEOPLE-USDshort+0.0104%1h0.009195−0.718%$1845x