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−0.0144%/8h= −15.8% APRnext payment $1.44 per $10,000 · paid last 24h −0.019%
Price spread now: Variational Omni against Bitget−0.445%7-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 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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.445% cheaper against Bitget than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PEOPLEUSDT0.0093460.0100pay 0.0100% / 8h3h 12m$1.8M$1.3M50x
ShortVariational Omni PEOPLE0.009304−0.0044pay 0.0044% / 8h3h 12m$7K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
−$30.31
Price spread: −0.445% → 0.000%
−$44.54
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$86.85
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago5.89 bp50.8 bp −$51154.6 bp −$1,546doesn'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−0.0398%1h0.009322−0.255%$36K$47K10xas long as short
Gate PEOPLE_USDT−0.0145%8h0.009334−0.128%$721K$1.6M50xas long as short
Variational Omni PEOPLEshort−0.0044%8h0.009304−0.445%$7K$3K
KuCoin PEOPLEUSDTM+0.0002%8h0.009333−0.139%$667K$159K50xas long as short
Bybit PEOPLEUSDT+0.0085%8h0.009332−0.150%$1.7M$2.6M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0087%8h0.009337−0.096%$3.5M$9.4M20xas long as short
MEXC PEOPLE_USDT+0.0088%8h0.009337−0.096%$703K$311K200xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009347+0.011%$485K$282K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009345−0.005%$4K$91K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009337−0.096%$5.8M$17.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDTlong+0.0100%8h0.009346long leg$1.8M$1.3M50x
BingX PEOPLE-USDT+0.0100%8h0.009333−0.139%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009338−0.086%$44K$50K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009328−0.189%$1875xas long as short
BloFin PEOPLE-USDT+0.0109%8h0.009330−0.171%$367K$104K50xas long as short