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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.002%
Price spread now: Extended against BloFin−0.225%74s7-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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.225% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEOPLE-USDT0.0092740.0123pay 0.0123% / 8h7h 36m$353K$112K50x
ShortExtended PEOPLE-USD0.0092530.0104get 0.0013% / 1h36m 03s$1865x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$3.96
Price spread: −0.225% → 0.000%
−$22.46
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$43.42
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 21 min ago; Extended: no order-book sample. 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 BloFin live order book, 21 min ago1.61 bp13.8 bp −$1434.3 bp −$343doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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−0.1141%1h0.009249−0.265%$36K$48K10xas long as short
Bybit PEOPLEUSDT−0.0041%8h0.009246−0.302%$1.7M$2.8M50xas long as short
Variational Omni PEOPLE−0.0032%8h0.009259−0.162%$6K$5Kas long as short
Gate PEOPLE_USDT+0.0030%8h0.009258−0.173%$779K$1.6M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0044%8h0.009254−0.216%$3.4M$9.5M20xas long as short
MEXC PEOPLE_USDT+0.0049%8h0.009247−0.291%$692K$324K200xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009256−0.194%$432K$344K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009256−0.197%$11K$95K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009256−0.197%$5.7M$18.5M50xas long as short
KuCoin PEOPLEUSDTM+0.0100%8h0.009263−0.119%$668K$165K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009251−0.248%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009249−0.270%$10.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009261−0.140%$44K$51K50xas long as short
Extended PEOPLE-USDshort+0.0104%1h0.009253−0.225%$1865x
BloFin PEOPLE-USDTlong+0.0123%8h0.009274long leg$353K$112K50x