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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0004%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Hyperliquid+0.024%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 airdropHyperliquid: Season 2 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.024% dearer against Hyperliquid 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PEOPLE0.0091050.0100pay 0.0013% / 1h5m 11s$429K$214K3x
ShortExtended PEOPLE-USD0.0091070.0104get 0.0013% / 1h5m 11s$1825x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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: +0.024% → 0.000%
$2.37
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$10.79
Costs to cover
0.140%
Break-even
96.9 days
Slippage unknown: Hyperliquid: live order book, 23 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 Hyperliquid live order book, 23 min ago1.10 bp20.2 bp −$20doesn't fitdoesn'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−0.1185%1h0.009096−0.102%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0152%8h0.009106+0.011%$657K$121K50xas long as short
Variational Omni PEOPLE−0.0037%8h0.009111+0.071%$6K$4Kas long as short
Bybit PEOPLEUSDT+0.0056%8h0.009098−0.077%$1.6M$2.1M50xas long as short
Gate PEOPLE_USDT+0.0069%8h0.009111+0.066%$764K$1.5M50xas long as short
BloFin PEOPLE-USDT+0.0079%8h0.009111+0.066%$345K$81K50xas long as short
Hyperliquid PEOPLElong+0.0100%1h0.009105long leg$429K$214K3x
Aster PEOPLEUSDT+0.0100%8h0.009113+0.088%$8K$72K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009103−0.022%$5.4M$14.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009099−0.066%$3.2M$8.1M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009101−0.044%$648K$309K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009102−0.033%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009109+0.044%$5.4Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009101−0.044%$43K$53K50xas long as short
Extended PEOPLE-USDshort+0.0104%1h0.009107+0.024%$1825x