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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0140%/8h= +15.3% APRnext payment +$1.40 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Variational Omni+0.033%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 BloFin is 0.033% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009328−0.0035get 0.0035% / 8h7h 50m$6K$5K
ShortBloFin PEOPLE-USDT0.0093310.0105get 0.0105% / 8h7h 50m$354K$112K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$29.31
Price spread: +0.033% → 0.000%
$3.26
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$20.56
Costs to cover
0.120%
Break-even
2.1 days
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 6 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 BloFin live order book, 6 min ago1.61 bp18.9 bp −$1943.8 bp −$438doesn'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−0.1131%1h0.009334+0.065%$36K$48K10xas long as short
Variational Omni PEOPLElong−0.0035%8h0.009328long leg$6K$5K
MEXC PEOPLE_USDT+0.0057%8h0.009333+0.054%$706K$321K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0058%8h0.009318−0.107%$3.4M$9.6M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009337+0.097%$439K$342K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009333+0.054%$11K$95K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009334+0.063%$5.7M$18.6M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009324−0.042%$1.7M$2.8M50xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009336+0.086%$787K$1.6M50xas long as short
KuCoin PEOPLEUSDTM+0.0100%8h0.009322−0.064%$672K$165K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009337+0.097%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009323−0.053%$10.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009320−0.085%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009331+0.035%$1875xas long as short
BloFin PEOPLE-USDTshort+0.0105%8h0.009331+0.033%$354K$112K50x