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

PEOPLE

all PEOPLE markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC−0.0557%/8h= −61.0% APRpaid last 24h −0.187%
Price spread now: Kraken Futures against Bybit+0.029%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BybitShort on Kraken Futures
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 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 0.029% dearer against Bybit than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PEOPLEUSDT0.0093220.0100pay 0.0100% / 8h1h 39m$1.7M$2.8M50x
ShortKraken Futures PF_PEOPLEUSD0.009325−0.0457pay 0.0057% / 1h39m 15s$36K$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. 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
−$116.95
Price spread: +0.029% → 0.000%
$2.89
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$135.06
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago3.75 bp26.9 bp −$2763.0 bp −$630doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEOPLEUSDshort−0.0457%1h0.009325+0.029%$36K$48K10x
Variational Omni PEOPLE−0.0030%8h0.009330+0.090%$6K$5K—as long as short
KuCoin PEOPLEUSDTM+0.0077%8h0.009332+0.107%$678K$163K50xas long as short
BloFin PEOPLE-USDT+0.0097%8h0.009327+0.054%$354K$108K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009325+0.032%$443K$329K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009316−0.062%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009328+0.064%$5.7M$18.5M50xas long as short
Bybit PEOPLEUSDTlong+0.0100%8h0.009322long leg$1.7M$2.8M50x
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009325+0.032%$3.4M$9.6M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009332+0.107%$777K$1.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009311−0.118%$729K$321K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009325+0.032%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009321−0.011%—$9.1M—as long as short
HTX PEOPLE-USDT+0.0100%8h0.009331+0.097%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009326+0.039%$187—5xas long as short