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−0.1163%/8h= −127.4% APRpaid last 24h −0.138%
Price spread now: Kraken Futures against MEXC+0.017%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
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
LongMEXC PEOPLE_USDT0.0092640.0090pay 0.0090% / 8h5h 25m$684K$299K200x
ShortKraken Futures PF_PEOPLEUSD0.009266−0.1073pay 0.0134% / 1h25m 20s$35K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
−$244.25
Price spread: +0.017% → 0.000%
$1.73
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$256.52
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 30 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 30 min ago1.63 bp11.5 bp −$1148.6 bp −$486255.4 bp −$25.5K499.2 bp −$249.6K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSDshort−0.1073%1h0.009266+0.017%$35K$46K10x
Gate PEOPLE_USDT−0.0567%8h0.0092640.000%$738K$1.5M50xas long as short
Variational Omni PEOPLE−0.0026%8h0.009239−0.274%$6K$2Kas long as short
KuCoin PEOPLEUSDTM−0.0025%8h0.009274+0.108%$674K$147K50xas long as short
Bybit PEOPLEUSDT+0.0040%8h0.009261−0.032%$1.7M$2.4M50xas long as short
MEXC PEOPLE_USDTlong+0.0090%8h0.009264long leg$684K$299K200x
OKX PEOPLE-USDT-SWAP+0.0093%8h0.009265+0.011%$3.3M$8.7M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009266+0.022%$429K$225K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009276+0.127%$10K$78K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009267+0.034%$5.7M$16.3M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.0092640.000%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009259−0.054%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009273+0.097%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009264−0.004%$1855xas long as short
BloFin PEOPLE-USDT+0.0107%8h0.009270+0.065%$355K$97K50xas long as short