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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.29 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Aster−0.108%62s7-day average · you buy dearer than you sell
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 7 days−0.033%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.108% cheaper against Aster 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. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PEOPLEUSDT0.0092090.0100pay 0.0100% / 8h4h 46m$9K$80K5x
ShortBloFin PEOPLE-USDT0.0091990.0071get 0.0071% / 8h4h 46m$355K$98K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$6.1
Price spread: −0.108% → 0.000%
−$10.78
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$36.89
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 46 min ago. 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 Aster no order-book sample
Sell BloFin live order book, 46 min ago2.14 bp19.4 bp −$1938.6 bp −$386doesn't fitdoesn't fit
Aster: 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_PEOPLEUSD−0.0889%1h0.009214+0.057%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0341%8h0.009206−0.032%$736K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0048%8h0.009199−0.108%$655K$151K50xas long as short
Variational Omni PEOPLE−0.0041%8h0.009200−0.099%$6K$2Kas long as short
Bybit PEOPLEUSDT+0.0015%8h0.009205−0.043%$1.7M$2.4M50xas long as short
MEXC PEOPLE_USDT+0.0052%8h0.009216+0.077%$685K$299K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0054%8h0.009215+0.066%$3.3M$8.8M20xas long as short
BloFin PEOPLE-USDTshort+0.0071%8h0.009199−0.108%$355K$98K50x
Hyperliquid PEOPLE+0.0100%1h0.009217+0.088%$425K$226K3xas long as short
Aster PEOPLEUSDTlong+0.0100%8h0.009209long leg$9K$80K5x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PEOPLEUSDT+0.0100%8h0.009216+0.077%$5.7M$16.5M50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009212+0.033%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009210+0.012%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009204−0.054%$43K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009211+0.027%$1845xas long as short