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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.022%
Price spread now: Variational Omni against BloFin−0.497%56s7-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 0.497% cheaper against BloFin than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEOPLE-USDT0.0092690.0075pay 0.0075% / 8h2h 14m$353K$107K50x
ShortVariational Omni PEOPLE0.009223−0.0045pay 0.0045% / 8h2h 14m$5K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
−$25.16
Price spread: −0.497% → 0.000%
−$49.65
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$86.81
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 58 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 BloFin live order book, 58 min ago0.54 bp14.7 bp −$1533.5 bp −$335doesn'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−0.0593%1h0.009279+0.107%$36K$48K10xas long as short
Variational Omni PEOPLEshort−0.0045%8h0.009223−0.497%$5K$5K
KuCoin PEOPLEUSDTM+0.0064%8h0.009262−0.076%$674K$162K50xas long as short
BloFin PEOPLE-USDTlong+0.0075%8h0.009269long leg$353K$107K50x
Hyperliquid PEOPLE+0.0100%1h0.009273+0.043%$440K$329K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009269+0.003%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009282+0.140%$5.7M$18.3M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009276+0.076%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009276+0.076%$3.4M$9.6M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009274+0.054%$779K$1.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009273+0.043%$715K$324K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009278+0.097%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009264−0.054%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.0092690.000%$43K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009281+0.125%$1855xas long as short