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+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h −0.019%
Price spread now: Variational Omni against Gate−0.065%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 airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.065% cheaper against Gate than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PEOPLE_USDT0.009380−0.0120get 0.0120% / 8h4h 00m$752K$1.5M50x
ShortVariational Omni PEOPLE0.009374−0.0012pay 0.0012% / 8h4h 00m$6K$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
$22.63
Price spread: −0.065% → 0.000%
−$6.55
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1.09
Costs to cover
0.150%
Break-even
6.7 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago5.89 bp31.0 bp −$31184.9 bp −$1,849doesn'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−0.0872%1h0.009390+0.107%$36K$46K10xas long as short
Gate PEOPLE_USDTlong−0.0120%8h0.009380long leg$752K$1.5M50x
KuCoin PEOPLEUSDTM−0.0025%8h0.009360−0.213%$666K$151K50xas long as short
Variational Omni PEOPLEshort−0.0012%8h0.009374−0.065%$6K$2K
MEXC PEOPLE_USDT+0.0068%8h0.009384+0.043%$696K$302K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0076%8h0.009395+0.160%$3.4M$9.0M20xas long as short
BloFin PEOPLE-USDT+0.0083%8h0.009381+0.011%$359K$101K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009394+0.149%$473K$257K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009381+0.011%$6K$85K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009395+0.157%$5.8M$16.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PEOPLEUSDT+0.0100%8h0.009388+0.085%$1.7M$2.4M50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009389+0.096%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009389+0.096%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009389+0.096%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009388+0.090%$1875xas long as short