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−0.0137%/8h= −15.0% APRnext payment $1.37 per $10,000 · paid last 24h −0.022%
Price spread now: Variational Omni against BloFin−0.044%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.044% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEOPLE-USDT0.0093430.0116pay 0.0116% / 8h1h 41m$354K$108K50x
ShortVariational Omni PEOPLE0.009339−0.0020pay 0.0020% / 8h1h 41m$6K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$28.75
Price spread: −0.044% → 0.000%
−$4.43
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$45.17
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 26 min ago; Variational Omni: 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, 26 min ago7.99 bp18.2 bp −$1837.6 bp −$376doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
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−0.0457%1h0.009331−0.127%$36K$48K10xas long as short
Variational Omni PEOPLEshort−0.0020%8h0.009339−0.044%$6K$5K
KuCoin PEOPLEUSDTM+0.0084%8h0.009344+0.011%$679K$163K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009341−0.021%$443K$330K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009344+0.012%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009351+0.081%$5.7M$18.5M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009340−0.032%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009334−0.096%$3.4M$9.7M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009350+0.075%$778K$1.7M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009346+0.032%$732K$321K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009354+0.118%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009341−0.021%$9.1Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009349+0.064%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009348+0.055%$1875xas long as short
BloFin PEOPLE-USDTlong+0.0116%8h0.009343long leg$354K$108K50x