Funding you earn now, next payment 08:00 UTC−0.0401%/8h= −44.0% APRpaid last 24h −0.172%
Price spread now: Kraken Futures against Variational Omni−0.189%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Kraken Futures is 0.189% cheaper against Variational Omni than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PEOPLE | 0.009310 | −0.0025 | get 0.0025% / 8h | 2m 35s | $6K | $5K | — |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009293 | −0.0427 | pay 0.0053% / 1h | 2m 35s | $36K | $48K | 10x |
Variational Omni PEOPLE
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Variational Omni. 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
- −$84.3
- Price spread: −0.189% → 0.000%
- −$18.9
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$113.2
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Variational Omni and 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 | −0.0427% | 1h | 0.009293 | −0.189% | $36K | $48K | 10x | |
| Variational Omni PEOPLElong | −0.0025% | 8h | 0.009310 | long leg | $6K | $5K | — | |
| MEXC PEOPLE_USDT | +0.0061% | 8h | 0.009297 | −0.142% | $697K | $326K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0062% | 8h | 0.009296 | −0.153% | $3.4M | $9.6M | 20x | as long as short |
| Bybit PEOPLEUSDT | +0.0086% | 8h | 0.009298 | −0.132% | $1.7M | $2.8M | 50x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009303 | −0.078% | $440K | $338K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009302 | −0.089% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009307 | −0.035% | $5.7M | $18.7M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009313 | +0.030% | $786K | $1.7M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009307 | −0.035% | $671K | $165K | 50x | as long as short |
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Bybit PEOPLEUSDT
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009303 | −0.078% | $1.8M | $1.5M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009302 | −0.089% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009300 | −0.110% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009305 | −0.061% | $186 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0116% | 8h | 0.009308 | −0.024% | $354K | $111K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT