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+0.0124%/8h= +13.6% APRnext payment +$1.24 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against Variational Omni+0.366%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 BingX is 0.366% dearer against Variational Omni than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009348−0.0024get 0.0024% / 8h7h 04m$6K$3K
ShortBingX PEOPLE-USDT0.0093820.0100get 0.0100% / 8h7h 04m$7.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$26.12
Price spread: +0.366% → 0.000%
$36.62
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$52.73
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago5.32 bp20.2 bp −$2043.4 bp −$434349.0 bp −$34.9K509.8 bp −$254.9K
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−0.1334%1h0.009364+0.170%$36K$45K10xas long as short
Gate PEOPLE_USDT−0.0102%8h0.009375+0.291%$728K$1.5M50xas long as short
Variational Omni PEOPLElong−0.0024%8h0.009348long leg$6K$3K
KuCoin PEOPLEUSDTM+0.0020%8h0.009367+0.206%$687K$137K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009393+0.484%$435K$211K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009383+0.378%$9K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009388+0.434%$5.7M$15.5M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009383+0.377%$1.7M$2.2M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009378+0.323%$3.4M$8.7M20xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009383+0.377%$724K$312K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009392+0.473%$1.8M$1.2M50xas long as short
BingX PEOPLE-USDTshort+0.0100%8h0.009382+0.366%$7.5M
HTX PEOPLE-USDT+0.0100%8h0.009357+0.099%$44K$52K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009386+0.410%$1885xas long as short
BloFin PEOPLE-USDT+0.0120%8h0.009374+0.281%$354K$89K50xas long as short