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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0219%/8h= +24.0% APRnext payment +$2.19 per $10,000 · paid last 24h +0.008%
Price spread now: Bitget against Variational Omni+0.175%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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.175% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009111−0.0119get 0.0119% / 8h2h 46m$6K$4K
ShortBitget PEOPLEUSDT0.0091270.0100get 0.0100% / 8h2h 46m$1.6M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$46.02
Price spread: +0.175% → 0.000%
$17.51
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$51.53
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago4.39 bp17.6 bp −$1850.3 bp −$503doesn'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−0.1446%1h0.009107−0.041%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0143%8h0.009106−0.055%$660K$124K50xas long as short
Variational Omni PEOPLElong−0.0119%8h0.009111long leg$6K$4K
Bybit PEOPLEUSDT+0.0003%8h0.009111−0.001%$1.6M$2.1M50xas long as short
BloFin PEOPLE-USDT+0.0086%8h0.009112+0.010%$350K$84K50xas long as short
Gate PEOPLE_USDT+0.0096%8h0.009124+0.142%$765K$1.4M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009116+0.054%$423K$215K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009119+0.088%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009116+0.054%$5.5M$15.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009110−0.011%$3.3M$8.4M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009113+0.021%$666K$303K200xas long as short
Bitget PEOPLEUSDTshort+0.0100%8h0.009127+0.175%$1.6M$1.1M50x
BingX PEOPLE-USDT+0.0100%8h0.009114+0.032%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009116+0.054%$43K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009116+0.057%$1825xas long as short