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+0.0122%/8h= +13.4% APRnext payment +$1.22 per $10,000 · paid last 24h +0.019%
Price spread now: Binance against Variational Omni+0.142%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 3 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.142% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009311−0.0022get 0.0022% / 8h5h 30m$6K$2K
ShortBinance PEOPLEUSDT0.0093240.0100get 0.0100% / 8h5h 30m$5.8M$16.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$25.66
Price spread: +0.142% → 0.000%
$14.2
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$29.86
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 10 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 Variational Omni no order-book sample
Sell Binance live order book, 10 min ago1.62 bp20.0 bp −$2050.0 bp −$500doesn't fitdoesn't fit
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−0.1067%1h0.009322+0.120%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0512%8h0.009330+0.208%$743K$1.5M50xas long as short
Variational Omni PEOPLElong−0.0022%8h0.009311long leg$6K$2K
KuCoin PEOPLEUSDTM−0.0003%8h0.009325+0.155%$678K$147K50xas long as short
Bybit PEOPLEUSDT+0.0070%8h0.009316+0.058%$1.7M$2.4M50xas long as short
BloFin PEOPLE-USDT+0.0074%8h0.009319+0.090%$356K$98K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009326+0.165%$431K$225K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009327+0.181%$9K$78K5xas long as short
Binance PEOPLEUSDTshort+0.0100%8h0.009324+0.142%$5.8M$16.3M50x
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009312+0.015%$3.3M$8.8M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PEOPLE_USDT+0.0100%8h0.009325+0.155%$689K$299K200xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009328+0.187%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009323+0.133%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009323+0.133%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009321+0.111%$1875xas long as short