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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1166%/8h= +127.7% APRpaid last 24h +0.138%
Price spread now: OKX against Kraken Futures−0.014%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 feesneeds 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: +$35 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PEOPLEUSD0.009246−0.1075get 0.0134% / 1h25m 46s$35K$46K10x
ShortOKX PEOPLE-USDT-SWAP0.0092450.0091get 0.0091% / 8h5h 25m$3.3M$8.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$244.9
Price spread: −0.014% → 0.000%
−$1.43
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$223.46
Costs to cover
0.200%
Break-even
0.6 days
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago1.62 bp16.2 bp −$1643.7 bp −$437doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSDlong−0.1075%1h0.009246long leg$35K$46K10x
Gate PEOPLE_USDT−0.0580%8h0.009250+0.040%$737K$1.5M50xas long as short
Variational Omni PEOPLE−0.0026%8h0.009239−0.083%$6K$2Kas long as short
KuCoin PEOPLEUSDTM−0.0022%8h0.009262+0.170%$674K$147K50xas long as short
Bybit PEOPLEUSDT+0.0046%8h0.009242−0.047%$1.7M$2.4M50xas long as short
BloFin PEOPLE-USDT+0.0071%8h0.009241−0.058%$354K$97K50xas long as short
OKX PEOPLE-USDT-SWAPshort+0.0091%8h0.009245−0.014%$3.3M$8.7M20x
MEXC PEOPLE_USDT+0.0093%8h0.009243−0.036%$683K$299K200xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009250+0.040%$428K$225K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009260+0.149%$10K$78K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PEOPLEUSDT+0.0100%8h0.009251+0.051%$5.7M$16.3M50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009251+0.051%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009244−0.025%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009246−0.004%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.0092460.000%$1855xas long as short