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+0.0122%/8h= +13.4% APRnext payment +$1.22 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against Variational Omni+0.173%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 KuCoin is 0.173% dearer against Variational Omni than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009314−0.0026get 0.0026% / 8h1h 55m$6K$5K
ShortKuCoin PEOPLEUSDTM0.0093300.0096get 0.0096% / 8h1h 55m$678K$163K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$25.72
Price spread: +0.173% → 0.000%
$17.32
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$31.04
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 64 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 KuCoin live order book, 64 min ago14.06 bp30.8 bp −$31doesn't fitdoesn'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−0.0458%1h0.009302−0.125%$36K$48K10xas long as short
Variational Omni PEOPLElong−0.0026%8h0.009314long leg$6K$5K
BloFin PEOPLE-USDT+0.0093%8h0.009350+0.388%$353K$108K50xas long as short
KuCoin PEOPLEUSDTMshort+0.0096%8h0.009330+0.173%$678K$163K50x
Hyperliquid PEOPLE+0.0100%1h0.009307−0.074%$442K$330K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009321+0.076%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009314+0.003%$5.7M$18.4M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009305−0.095%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009306−0.084%$3.4M$9.6M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009327+0.141%$779K$1.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009308−0.063%$727K$318K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009317+0.034%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009309−0.052%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009320+0.066%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009310−0.041%$1875xas long as short