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−0.0126%/8h= −13.8% APRnext payment $1.26 per $10,000 · paid last 24h −0.019%
Price spread now: Variational Omni against Binance+0.177%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.177% dearer against Binance than usual: you sell high and buy low (spread +0.177% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PEOPLEUSDT0.0093760.0100pay 0.0100% / 8h41m 02s$5.7M$18.6M50x
ShortVariational Omni PEOPLE0.009393−0.0026pay 0.0026% / 8h41m 02s$6K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
−$26.37
Price spread: +0.177% → 0.000%
$17.75
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.63
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 15 min ago; Variational Omni: 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 Binance live order book, 15 min ago0.53 bp16.2 bp −$1652.8 bp −$528doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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−0.0423%1h0.009369−0.079%$36K$48K10xas long as short
Variational Omni PEOPLEshort−0.0026%8h0.009393+0.177%$6K$5K
Bybit PEOPLEUSDT+0.0098%8h0.009360−0.171%$1.7M$2.8M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009374−0.022%$446K$331K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009373−0.034%$11K$96K5xas long as short
Binance PEOPLEUSDTlong+0.0100%8h0.009376long leg$5.7M$18.6M50x
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009352−0.256%$3.4M$9.7M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.0093760.000%$784K$1.7M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009369−0.075%$715K$322K200xas long as short
KuCoin PEOPLEUSDTM+0.0100%8h0.009371−0.054%$675K$165K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009377+0.010%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009372−0.043%$9.1Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009377+0.010%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009373−0.027%$1885xas long as short
BloFin PEOPLE-USDT+0.0112%8h0.009379+0.032%$356K$110K50xas long as short