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+0.0156%/8h= +17.1% APRnext payment +$1.56 per $10,000 · paid last 24h +0.027%
Price spread now: OKX against Variational Omni−0.229%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. OKX is 0.229% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.229% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 4.9 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009094−0.0056get 0.0056% / 8h5h 29m$5K$5K
ShortOKX PEOPLE-USDT-SWAP0.0090730.0100get 0.0100% / 8h5h 29m$3.3M$8.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$32.86
Price spread: −0.229% → 0.000%
−$22.94
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$0.08
Costs to cover
0.100%
Break-even
7.0 days
Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago1.65 bp21.6 bp −$2265.0 bp −$650doesn'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 exchanges

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−0.0712%1h0.009063−0.335%$35K$47K10xas long as short
Variational Omni PEOPLElong−0.0056%8h0.009094long leg$5K$5K
Bybit PEOPLEUSDT−0.0052%8h0.009071−0.251%$1.7M$2.7M50xas long as short
BloFin PEOPLE-USDT+0.0071%8h0.009077−0.185%$350K$107K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009074−0.218%$430K$321K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009072−0.243%$11K$76K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009072−0.243%$5.6M$17.1M50xas long as short
OKX PEOPLE-USDT-SWAPshort+0.0100%8h0.009073−0.229%$3.3M$8.9M20x
Gate PEOPLE_USDT+0.0100%8h0.009075−0.207%$750K$1.6M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009073−0.229%$683K$334K200xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEOPLEUSDTM+0.0100%8h0.009070−0.262%$672K$145K50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009074−0.218%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009072−0.240%$12.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009065−0.317%$43K$43K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009069−0.275%$1825xas long as short