PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0136%/8h= −14.9% APRnext payment −$1.36 per $10,000 · paid last 24h −0.019%

Price spread now: Variational Omni against Bybit+0.095%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.095% dearer against Bybit than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PEOPLEUSDT	0.009358	0.0100	pay 0.0100% / 8h	2h 05m	$1.7M	$2.8M	50x
Short	Variational Omni PEOPLE	0.009367	−0.0036	pay 0.0036% / 8h	2h 05m	$6K	$5K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now +0.095%Rate

Funding earned: −$28.61
Price spread: +0.095% → 0.000%: $9.47
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$30.15
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 2 min ago	4.80 bp	26.3 bp −$26	65.4 bp −$654	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PEOPLEUSD	−0.0588%	1h	0.009358	+0.004%	$36K	$48K	10x	as long as short
Variational Omni PEOPLEshort	−0.0036%	8h	0.009367	+0.095%	$6K	$5K	—
KuCoin PEOPLEUSDTM	+0.0082%	8h	0.009365	+0.075%	$681K	$163K	50x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009366	+0.085%	$445K	$329K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009359	+0.006%	$11K	$96K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009367	+0.101%	$5.7M	$18.4M	50x	as long as short
Bybit PEOPLEUSDTlong	+0.0100%	8h	0.009358	long leg	$1.7M	$2.8M	50x
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009360	+0.021%	$3.4M	$9.7M	20x	as long as short
Gate PEOPLE_USDT	+0.0100%	8h	0.009373	+0.160%	$784K	$1.7M	50x	as long as short
MEXC PEOPLE_USDT	+0.0100%	8h	0.009360	+0.021%	$721K	$326K	200x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEOPLEUSDT	+0.0100%	8h	0.009362	+0.043%	$1.8M	$1.4M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009364	+0.064%	—	$7.5M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009360	+0.021%	$44K	$51K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009363	+0.057%	$188	—	5x	as long as short
BloFin PEOPLE-USDT	+0.0120%	8h	0.009366	+0.085%	$348K	$108K	50x	as long as short