Funding arb · Price arb /

PEOPLE

all PEOPLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Binance−0.025%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.025% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it 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	Binance PEOPLEUSDT	0.009204	0.0100	pay 0.0100% / 8h	4m 03s	$5.6M	$15.3M	50x
Short	Aster PEOPLEUSDT	0.009201	0.0100	get 0.0100% / 8h	4m 03s	$8K	$75K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee AsterbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → 0.000%: −$2.52
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.52
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; Aster: 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, 7 min ago	1.09 bp	15.6 bp −$16	45.7 bp −$457	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PEOPLEUSD	−0.1065%	1h	0.009199	−0.053%	$36K	$45K	10x	as long as short
KuCoin PEOPLEUSDTM	−0.0105%	8h	0.009181	−0.247%	$657K	$123K	50x	as long as short
Variational Omni PEOPLE	−0.0013%	8h	0.009143	−0.657%	$6K	$3K	—	as long as short
BloFin PEOPLE-USDT	+0.0090%	8h	0.009171	−0.356%	$347K	$87K	50x	as long as short
MEXC PEOPLE_USDT	+0.0099%	8h	0.009195	−0.095%	$680K	$308K	200x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009208	+0.046%	$427K	$213K	3x	as long as short
Aster PEOPLEUSDTshort	+0.0100%	8h	0.009201	−0.025%	$8K	$75K	5x
Binance PEOPLEUSDTlong	+0.0100%	8h	0.009204	long leg	$5.6M	$15.3M	50x
Bybit PEOPLEUSDT	+0.0100%	8h	0.009199	−0.052%	$1.6M	$2.2M	50x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009203	−0.008%	$3.4M	$8.6M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PEOPLE_USDT	+0.0100%	8h	0.009190	−0.149%	$726K	$1.5M	50x	as long as short
Bitget PEOPLEUSDT	+0.0100%	8h	0.009203	−0.008%	$1.7M	$1.1M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009207	+0.035%	—	$5.7M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009196	−0.084%	$44K	$52K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009202	−0.017%	$184	—	5x	as long as short