Funding you earn now, next payment 09:00 UTC−0.1243%/8h= −136.1% APRpaid last 24h −0.169%
Price spread now: Kraken Futures against KuCoin+0.093%52s7-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 pays, funding is against you. Kraken Futures is 0.093% dearer against KuCoin than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 6 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEOPLEUSDTM | 0.009226 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $665K | $165K | 50x |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009235 | −0.1143 | pay 0.0143% / 1h | 34m 18s | $36K | $48K | 10x |
KuCoin PEOPLEUSDTM
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$260.98
- Price spread: +0.093% → 0.000%
- $9.3
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$273.68
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 70 min ago; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 70 min ago | 18.69 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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_PEOPLEUSDshort | −0.1143% | 1h | 0.009235 | +0.093% | $36K | $48K | 10x | |
| Bybit PEOPLEUSDT | −0.0147% | 8h | 0.009255 | +0.314% | $1.7M | $2.8M | 50x | as long as short |
| Gate PEOPLE_USDT | −0.0077% | 8h | 0.009255 | +0.314% | $779K | $1.7M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0032% | 8h | 0.009241 | +0.162% | $6K | $5K | — | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0044% | 8h | 0.009253 | +0.293% | $3.4M | $9.5M | 20x | as long as short |
| MEXC PEOPLE_USDT | +0.0045% | 8h | 0.009244 | +0.195% | $691K | $325K | 200x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009236 | +0.108% | $432K | $345K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009256 | +0.322% | $11K | $95K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009259 | +0.358% | $5.7M | $18.5M | 50x | as long as short |
| KuCoin PEOPLEUSDTMlong | +0.0100% | 8h | 0.009226 | long leg | $665K | $165K | 50x |
Bybit PEOPLEUSDT
Gate PEOPLE_USDT
Variational Omni PEOPLE
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 PEOPLEUSDT | +0.0100% | 8h | 0.009257 | +0.336% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009240 | +0.152% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009252 | +0.282% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009238 | +0.125% | $185 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0116% | 8h | 0.009247 | +0.228% | $350K | $111K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT