Settings8H · net · $10k
Funding arb · Price arb /

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h −0.009%
Price spread now: Variational Omni against Extended−0.378%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.378% cheaper against Extended than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PEOPLE-USD0.0091440.0104pay 0.0013% / 1h27m 02s$1825x
ShortVariational Omni PEOPLE0.009109−0.0109pay 0.0109% / 8h2h 27m$6K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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
−$44.63
Price spread: −0.378% → 0.000%
−$37.84
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$87.47
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; 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 Extended no order-book sample
Sell Variational Omni no order-book sample
Extended and 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−0.1440%1h0.009147+0.033%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0163%8h0.009119−0.270%$662K$119K50xas long as short
Variational Omni PEOPLEshort−0.0109%8h0.009109−0.378%$6K$4K
Bybit PEOPLEUSDT+0.0020%8h0.009152+0.091%$1.6M$2.1M50xas long as short
BloFin PEOPLE-USDT+0.0082%8h0.009150+0.069%$349K$84K50xas long as short
Gate PEOPLE_USDT+0.0096%8h0.009141−0.029%$768K$1.4M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009153+0.102%$425K$214K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009139−0.052%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009148+0.042%$5.5M$15.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009149+0.058%$3.3M$8.4M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009135−0.095%$668K$304K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009143−0.008%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009150+0.069%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009149+0.058%$44K$51K50xas long as short
Extended PEOPLE-USDlong+0.0104%1h0.009144long leg$1825x