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+0.0126%/8h= +13.8% APRnext payment +$1.26 per $10,000 · paid last 24h +0.019%
Price spread now: Binance against Variational Omni−0.224%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. Binance is 0.224% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.224% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 5.9 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009213−0.0026get 0.0026% / 8h7h 39m$6K$3K
ShortBinance PEOPLEUSDT0.0091920.0100get 0.0100% / 8h7h 39m$5.6M$15.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$26.48
Price spread: −0.224% → 0.000%
−$22.37
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$5.89
Costs to cover
0.100%
Break-even
8.6 days
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 16 min ago. 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 Variational Omni no order-book sample
Sell Binance live order book, 16 min ago1.09 bp17.3 bp −$1746.4 bp −$464doesn't fitdoesn't fit
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−0.1361%1h0.009178−0.378%$36K$45K10xas long as short
Gate PEOPLE_USDT−0.0722%8h0.009198−0.158%$717K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0044%8h0.009188−0.267%$657K$124K50xas long as short
Variational Omni PEOPLElong−0.0026%8h0.009213long leg$6K$3K
Bybit PEOPLEUSDT+0.0051%8h0.009182−0.332%$1.6M$2.2M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009188−0.267%$425K$210K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009196−0.176%$8K$75K5xas long as short
Binance PEOPLEUSDTshort+0.0100%8h0.009192−0.224%$5.6M$15.3M50x
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009187−0.278%$3.4M$8.6M20xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009187−0.278%$697K$305K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009192−0.223%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009192−0.223%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009203−0.104%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009194−0.196%$1845xas long as short
BloFin PEOPLE-USDT+0.0109%8h0.009190−0.245%$351K$87K50xas long as short