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+0.0149%/8h= +16.3% APRnext payment +$1.49 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against Variational Omni+0.820%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 4 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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.820% dearer against Variational Omni than usual: you sell high and buy low: +$82 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009164−0.0049get 0.0049% / 8h2h 19m$5K$5K
ShortBingX PEOPLE-USDT0.0092390.0100get 0.0100% / 8h2h 19m$7.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$31.31
Price spread: +0.820% → 0.000%
$81.96
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$103.27
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago5.45 bp28.0 bp −$2867.0 bp −$670387.8 bp −$38.8K493.8 bp −$246.9K
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−0.0596%1h0.009225+0.671%$36K$48K10xas long as short
Variational Omni PEOPLElong−0.0049%8h0.009164long leg$5K$5K
KuCoin PEOPLEUSDTM+0.0046%8h0.009213+0.536%$670K$162K50xas long as short
Gate PEOPLE_USDT+0.0049%8h0.009234+0.765%$775K$1.7M50xas long as short
Bybit PEOPLEUSDT+0.0091%8h0.009245+0.885%$1.7M$2.8M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009253+0.972%$439K$329K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009226+0.676%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009250+0.940%$5.7M$18.3M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009250+0.940%$3.4M$9.5M20xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009247+0.907%$708K$323K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009248+0.918%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009239+0.820%$7.5M
HTX PEOPLE-USDT+0.0100%8h0.009230+0.721%$43K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009242+0.852%$1855xas long as short
BloFin PEOPLE-USDT+0.0109%8h0.009179+0.165%$354K$105K50xas long as short