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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit−0.121%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 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
Funding pays, the price is against you. Extended is 0.121% cheaper against Bybit than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 20 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PEOPLEUSDT0.0093250.0084pay 0.0084% / 8h3h 15m$1.7M$2.6M50x
ShortExtended PEOPLE-USD0.0093140.0104get 0.0013% / 1h15m 25s$1875x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$4.29
Price spread: −0.121% → 0.000%
−$12.05
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.76
Costs to cover
0.160%
Break-even
45.7 days
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago3.75 bp28.7 bp −$2966.3 bp −$663doesn'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−0.0398%1h0.009314−0.122%$36K$47K10xas long as short
Gate PEOPLE_USDT−0.0153%8h0.009321−0.043%$720K$1.6M50xas long as short
Variational Omni PEOPLE−0.0044%8h0.009304−0.221%$7K$3Kas long as short
KuCoin PEOPLEUSDTM−0.0004%8h0.009318−0.075%$665K$158K50xas long as short
MEXC PEOPLE_USDT+0.0082%8h0.009324−0.011%$710K$308K200xas long as short
Bybit PEOPLEUSDTlong+0.0084%8h0.009325long leg$1.7M$2.6M50x
OKX PEOPLE-USDT-SWAP+0.0085%8h0.009331+0.064%$3.5M$9.4M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009336+0.118%$484K$281K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009322−0.033%$4K$91K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009336+0.114%$5.8M$17.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009335+0.107%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009328+0.032%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009344+0.204%$44K$50K50xas long as short
Extended PEOPLE-USDshort+0.0104%1h0.009314−0.121%$1875x
BloFin PEOPLE-USDT+0.0108%8h0.009354+0.311%$369K$104K50xas long as short