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−0.0095%/8h= −10.4% APRnext payment $0.95 per $10,000 · paid last 24h −0.019%
Price spread now: Variational Omni against OKX+0.009%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEOPLE-USDT-SWAP0.0091990.0054pay 0.0054% / 8h4h 43m$3.3M$8.7M20x
ShortVariational Omni PEOPLE0.009200−0.0041pay 0.0041% / 8h4h 43m$6K$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
−$20
Price spread: +0.009% → 0.000%
$0.87
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$29.14
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: 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 OKX live order book, 5 min ago0.54 bp17.7 bp −$1897.5 bp −$975doesn'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−0.0890%1h0.009196−0.038%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0318%8h0.009214+0.163%$736K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0043%8h0.009200+0.011%$655K$151K50xas long as short
Variational Omni PEOPLEshort−0.0041%8h0.009200+0.009%$6K$2K
Bybit PEOPLEUSDT+0.0017%8h0.009201+0.022%$1.7M$2.4M50xas long as short
OKX PEOPLE-USDT-SWAPlong+0.0054%8h0.009199long leg$3.3M$8.7M20x
MEXC PEOPLE_USDT+0.0057%8h0.0091990.000%$684K$299K200xas long as short
BloFin PEOPLE-USDT+0.0075%8h0.009212+0.141%$355K$98K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.0091990.000%$424K$226K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009214+0.164%$9K$80K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PEOPLEUSDT+0.0100%8h0.009208+0.092%$5.7M$16.6M50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009217+0.196%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009206+0.076%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009204+0.054%$43K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009212+0.139%$1845xas long as short