Funding you earn now, next payment 00:00 UTC+0.1168%/8h= +127.9% APRpaid last 24h +0.087%
Price spread now: Bitget against Kraken Futures+0.286%7-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
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Bitget is 0.286% dearer against Kraken Futures than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEOPLEUSD | 0.009174 | −0.1068 | get 0.0133% / 1h | 40m 08s | $36K | $45K | 10x |
| Short | Bitget PEOPLEUSDT | 0.009200 | 0.0100 | get 0.0100% / 8h | 40m 08s | $1.7M | $1.1M | 50x |
Kraken Futures PF_PEOPLEUSD
Bitget PEOPLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- $245.26
- Price spread: +0.286% → 0.000%
- $28.62
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $251.88
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 2 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 4.89 bp | 18.8 bp −$19 | 44.8 bp −$448 | doesn't fit | doesn't fit |
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_PEOPLEUSDlong | −0.1068% | 1h | 0.009174 | long leg | $36K | $45K | 10x | |
| KuCoin PEOPLEUSDTM | −0.0097% | 8h | 0.009175 | +0.014% | $656K | $123K | 50x | as long as short |
| Variational Omni PEOPLE | −0.0008% | 8h | 0.009191 | +0.192% | $6K | $3K | — | as long as short |
| Hyperliquid PEOPLE | +0.0100% | 1h | 0.009188 | +0.155% | $426K | $213K | 3x | as long as short |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009207 | +0.363% | $8K | $75K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009183 | +0.101% | $5.6M | $15.2M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009180 | +0.068% | $1.6M | $2.2M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009181 | +0.079% | $3.3M | $8.5M | 20x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009193 | +0.210% | $774K | $1.4M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009189 | +0.166% | $680K | $305K | 200x | as long as short |
KuCoin PEOPLEUSDTM
Variational Omni PEOPLE
Hyperliquid PEOPLE
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
OKX PEOPLE-USDT-SWAP
Gate PEOPLE_USDT
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDTshort | +0.0100% | 8h | 0.009200 | +0.286% | $1.7M | $1.1M | 50x | |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009189 | +0.166% | — | $5.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009182 | +0.090% | $44K | $52K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009180 | +0.067% | $184 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0119% | 8h | 0.009194 | +0.221% | $350K | $86K | 50x | as long as short |
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT