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−0.0120%/8h= −13.2% APRnext payment $1.20 per $10,000 · paid last 24h −0.019%
Price spread now: Variational Omni against Gate−0.438%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 0.438% cheaper against Gate than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PEOPLE_USDT0.0093460.0100pay 0.0100% / 8h13m 22s$788K$1.7M50x
ShortVariational Omni PEOPLE0.009305−0.0020pay 0.0020% / 8h13m 22s$6K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
−$25.26
Price spread: −0.438% → 0.000%
−$43.81
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$84.07
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago8.58 bp25.1 bp −$25165.1 bp −$1,651doesn'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−0.0425%1h0.009337−0.095%$36K$48K10xas long as short
Variational Omni PEOPLEshort−0.0020%8h0.009305−0.438%$6K$5K
MEXC PEOPLE_USDT+0.0076%8h0.009337−0.096%$702K$325K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0078%8h0.009341−0.053%$3.4M$9.7M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009343−0.032%$444K$334K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009339−0.080%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009347+0.010%$5.7M$18.7M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009338−0.086%$1.7M$2.8M50xas long as short
Gate PEOPLE_USDTlong+0.0100%8h0.009346long leg$788K$1.7M50x
KuCoin PEOPLEUSDTM+0.0100%8h0.009325−0.225%$672K$165K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009343−0.032%$1.8M$1.5M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009341−0.053%$10.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009350+0.043%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009343−0.027%$1875xas long as short
BloFin PEOPLE-USDT+0.0119%8h0.009334−0.128%$354K$111K50xas long as short