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+0.1379%/8h= +151.0% APRpaid last 24h +0.101%
Price spread now: HTX against Kraken Futures+0.114%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 +$41 a day on $10k at the current rate, and HTX is 0.114% dearer against Kraken Futures than usual: you sell high and buy low: +$11 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_PEOPLEUSD0.009287−0.1279get 0.0160% / 1h58m 59s$36K$45K10x
ShortHTX PEOPLE-USDT0.0092980.0100get 0.0100% / 8h6h 58m$44K$52K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$289.56
Price spread: +0.114% → 0.000%
$11.41
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
$278.97
Costs to cover
0.220%
Break-even
0.3 days
Slippage unknown: Kraken Futures: no order-book sample; HTX: 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 HTX no order-book sample
Kraken Futures and HTX: 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−0.1279%1h0.009287long leg$36K$45K10x
Gate PEOPLE_USDT−0.0187%8h0.009291+0.039%$717K$1.4M50xas long as short
Variational Omni PEOPLE−0.0024%8h0.009301+0.150%$6K$3Kas long as short
KuCoin PEOPLEUSDTM+0.0026%8h0.009281−0.069%$700K$138K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009299+0.125%$428K$214K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009309+0.238%$9K$76K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009299+0.120%$5.7M$15.7M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009274−0.144%$1.7M$2.3M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009281−0.069%$3.4M$8.7M20xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009287−0.004%$714K$286K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009287−0.004%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009296+0.093%$7.5Mas long as short
HTX PEOPLE-USDTshort+0.0100%8h0.009298+0.114%$44K$52K50x
Extended PEOPLE-USD+0.0104%1h0.009289+0.020%$1865xas long as short
BloFin PEOPLE-USDT+0.0121%8h0.009302+0.157%$354K$89K50xas long as short