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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against HTX+0.022%48s7-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 7 days−0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: 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 0.022% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEOPLE-USDT0.0091010.0100pay 0.0100% / 8h2h 05m$43K$52K50x
ShortHyperliquid PEOPLE0.0091030.0100get 0.0013% / 1h5m 25s$423K$212K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against HTX. 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
Price spread: +0.022% → 0.000%
$2.2
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$18.8
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Hyperliquid: live order book, 5 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 HTX no order-book sample
Sell Hyperliquid live order book, 5 min ago1.10 bp15.2 bp −$15doesn't fitdoesn't fitdoesn't fit
HTX: 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−0.1449%1h0.009091−0.114%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0141%8h0.009103+0.022%$647K$125K50xas long as short
Variational Omni PEOPLE−0.0081%8h0.009098−0.037%$6K$4Kas long as short
Bybit PEOPLEUSDT+0.0062%8h0.009095−0.066%$1.6M$2.1M50xas long as short
BloFin PEOPLE-USDT+0.0090%8h0.009114+0.143%$348K$84K50xas long as short
Hyperliquid PEOPLEshort+0.0100%1h0.009103+0.022%$423K$212K3x
Aster PEOPLEUSDT+0.0100%8h0.009112+0.121%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009101+0.004%$5.5M$15.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009092−0.099%$3.3M$8.4M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009112+0.121%$765K$1.4M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009098−0.033%$675K$306K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009108+0.077%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009098−0.033%$5.7Mas long as short
HTX PEOPLE-USDTlong+0.0100%8h0.009101long leg$43K$52K50x
Extended PEOPLE-USD+0.0104%1h0.009101−0.002%$1825xas long as short