PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0160%/8h= −17.6% APRnext payment −$1.60 per $10,000 · paid last 24h −0.008%

Price spread now: Variational Omni against Bybit+0.267%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no 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 0.267% dearer against Bybit than usual: you sell high and buy low (spread +0.267% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PEOPLEUSDT	0.009169	0.0100	pay 0.0100% / 8h	1h 34m	$1.6M	$2.1M	50x
Short	Variational Omni PEOPLE	0.009193	−0.0060	pay 0.0060% / 8h	1h 34m	$6K	$4K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now +0.267%Rate

Funding earned: −$33.7
Price spread: +0.267% → 0.000%: $26.66
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$18.04
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Bybit: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	3.81 bp	23.4 bp −$23	65.1 bp −$651	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PEOPLEUSD	−0.1235%	1h	0.009168	−0.013%	$35K	$45K	10x	as long as short
KuCoin PEOPLEUSDTM	−0.0126%	8h	0.009149	−0.218%	$653K	$123K	50x	as long as short
Variational Omni PEOPLEshort	−0.0060%	8h	0.009193	+0.267%	$6K	$4K	—
BloFin PEOPLE-USDT	+0.0079%	8h	0.009187	+0.196%	$346K	$85K	50x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009177	+0.087%	$426K	$212K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009158	−0.123%	$8K	$75K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009166	−0.032%	$5.6M	$15.1M	50x	as long as short
Bybit PEOPLEUSDTlong	+0.0100%	8h	0.009169	long leg	$1.6M	$2.1M	50x
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009170	+0.011%	$3.3M	$8.5M	20x	as long as short
Gate PEOPLE_USDT	+0.0100%	8h	0.009167	−0.022%	$770K	$1.4M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC PEOPLE_USDT	+0.0100%	8h	0.009165	−0.044%	$674K	$303K	200x	as long as short
Bitget PEOPLEUSDT	+0.0100%	8h	0.009161	−0.087%	$1.6M	$1.1M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009170	+0.011%	—	$5.7M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009160	−0.098%	$44K	$52K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009158	−0.119%	$183	—	5x	as long as short