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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Hyperliquid against Extended+0.039%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 5 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 · 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 0.039% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PEOPLE-USD0.0092790.0104pay 0.0013% / 1h17m 58s$1865x
ShortHyperliquid PEOPLE0.0092830.0100get 0.0013% / 1h17m 58s$457K$248K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. 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
−$0.84
Price spread: +0.039% → 0.000%
$3.86
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$10.98
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Hyperliquid: live order book, 2 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 Extended no order-book sample
Sell Hyperliquid live order book, 2 min ago1.62 bp11.9 bp −$12doesn't fitdoesn't fitdoesn't fit
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−0.0884%1h0.009266−0.140%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0138%8h0.009280+0.006%$740K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0015%8h0.009274−0.058%$660K$151K50xas long as short
Variational Omni PEOPLE−0.0014%8h0.009279−0.007%$6K$2Kas long as short
Bybit PEOPLEUSDT+0.0079%8h0.009272−0.080%$1.7M$2.4M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0083%8h0.009280+0.006%$3.3M$8.9M20xas long as short
MEXC PEOPLE_USDT+0.0091%8h0.009277−0.026%$689K$301K200xas long as short
BloFin PEOPLE-USDT+0.0093%8h0.009284+0.049%$355K$100K50xas long as short
Hyperliquid PEOPLEshort+0.0100%1h0.009283+0.039%$457K$248K3x
Aster PEOPLEUSDT+0.0100%8h0.009278−0.015%$5K$84K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PEOPLEUSDT+0.0100%8h0.009284+0.049%$5.7M$16.7M50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009278−0.015%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009277−0.026%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009281+0.017%$44K$53K50xas long as short
Extended PEOPLE-USDlong+0.0104%1h0.009279long leg$1865x