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+0.0168%/8h= +18.4% APRnext payment +$1.68 per $10,000 · paid last 24h +0.008%
Price spread now: Gate against Variational Omni+0.107%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 +$5 a day on $10k at the current rate, and Gate is 0.107% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009144−0.0068get 0.0068% / 8h1h 52m$6K$4K
ShortGate PEOPLE_USDT0.0091540.0100get 0.0100% / 8h1h 52m$769K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$35.32
Price spread: +0.107% → 0.000%
$10.69
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$31.01
Costs to cover
0.150%
Break-even
0.9 days
Slippage unknown: Variational Omni: no order-book sample; Gate: 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 Gate live order book, 5 min ago1.64 bp35.9 bp −$36197.8 bp −$1,978doesn'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−0.1238%1h0.009143−0.015%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0143%8h0.009146+0.019%$653K$123K50xas long as short
Variational Omni PEOPLElong−0.0068%8h0.009144long leg$6K$4K
Bybit PEOPLEUSDT+0.0090%8h0.009140−0.046%$1.6M$2.1M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009147+0.030%$425K$212K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009143−0.008%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009144−0.005%$5.5M$15.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009145+0.008%$3.3M$8.4M20xas long as short
Gate PEOPLE_USDTshort+0.0100%8h0.009154+0.107%$769K$1.4M50x
MEXC PEOPLE_USDT+0.0100%8h0.009141−0.035%$672K$302K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009133−0.123%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009144−0.002%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009154+0.107%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009137−0.084%$1835xas long as short
BloFin PEOPLE-USDT+0.0106%8h0.009156+0.129%$348K$85K50xas long as short