Funding you earn now, next payment 08:00 UTC−0.0526%/8h= −57.6% APRpaid last 24h −0.191%
Price spread now: Kraken Futures against Binance−0.105%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—needs both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Kraken Futures is 0.105% cheaper against Binance than usual: you would sell low and buy high (−$11 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 | Binance PEOPLEUSDT | 0.009324 | 0.0100 | pay 0.0100% / 8h | 8m 57s | $5.7M | $18.7M | 50x |
| Short | Kraken Futures PF_PEOPLEUSD | 0.009314 | −0.0426 | pay 0.0053% / 1h | 8m 57s | $36K | $48K | 10x |
Binance PEOPLEUSDT
Kraken Futures PF_PEOPLEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- −$110.39
- Price spread: −0.105% → 0.000%
- −$10.52
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$140.91
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago | 1.07 bp | 11.9 bp −$12 | 55.4 bp −$554 | 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 | −0.0426% | 1h | 0.009314 | −0.105% | $36K | $48K | 10x | |
| Variational Omni PEOPLE | −0.0021% | 8h | 0.009308 | −0.169% | $6K | $5K | — | as long as short |
| MEXC PEOPLE_USDT | +0.0079% | 8h | 0.009316 | −0.086% | $701K | $325K | 200x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0081% | 8h | 0.009316 | −0.086% | $3.4M | $9.7M | 20x | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009321 | −0.033% | $441K | $337K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009329 | +0.054% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDTlong | +0.0100% | 8h | 0.009324 | long leg | $5.7M | $18.7M | 50x | |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009317 | −0.076% | $1.7M | $2.8M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009335 | +0.117% | $787K | $1.7M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009329 | +0.053% | $672K | $165K | 50x | as long as short |
Variational Omni PEOPLE
MEXC PEOPLE_USDT
OKX PEOPLE-USDT-SWAP
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Bybit 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 | 0.009334 | +0.107% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009323 | −0.011% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009323 | −0.011% | $44K | $51K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009328 | +0.038% | $187 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0125% | 8h | 0.009322 | −0.022% | $353K | $111K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT