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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Aster+0.090%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 7 days−0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.090% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PEOPLEUSDT0.0091530.0100pay 0.0100% / 8h1h 25m$8K$75K5x
ShortHyperliquid PEOPLE0.0091610.0100get 0.0013% / 1h25m 21s$426K$213K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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
$0
Price spread: +0.090% → 0.000%
$9.04
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$7.96
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 45 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 Aster no order-book sample
Sell Hyperliquid live order book, 45 min ago1.10 bp15.2 bp −$15doesn't fitdoesn't fitdoesn't fit
Aster: 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−0.1234%1h0.009169+0.173%$36K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0119%8h0.009131−0.237%$652K$123K50xas long as short
Variational Omni PEOPLE−0.0046%8h0.009151−0.020%$6K$4Kas long as short
BloFin PEOPLE-USDT+0.0086%8h0.009162+0.101%$349K$85K50xas long as short
Hyperliquid PEOPLEshort+0.0100%1h0.009161+0.090%$426K$213K3x
Aster PEOPLEUSDTlong+0.0100%8h0.009153long leg$8K$75K5x
Binance PEOPLEUSDT+0.0100%8h0.009156+0.040%$5.5M$15.1M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009161+0.090%$1.6M$2.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009168+0.167%$3.3M$8.5M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009153+0.003%$770K$1.4M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009144−0.095%$675K$303K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009162+0.101%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009158+0.058%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009160+0.079%$43K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009155+0.020%$1835xas long as short