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+0.0163%/8h= +17.9% APRnext payment +$1.63 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against Variational Omni−0.064%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
Funding pays, the price is against you. BloFin is 0.064% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 31 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009245−0.0044get 0.0044% / 8h2h 47m$7K$3K
ShortBloFin PEOPLE-USDT0.0092390.0120get 0.0120% / 8h2h 47m$359K$104K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$34.31
Price spread: −0.064% → 0.000%
−$6.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$15.95
Costs to cover
0.120%
Break-even
3.7 days
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 25 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 BloFin live order book, 25 min ago0.54 bp18.9 bp −$1936.2 bp −$362doesn'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−0.0595%1h0.009237−0.086%$36K$48K10xas long as short
Gate PEOPLE_USDT−0.0124%8h0.009238−0.074%$712K$1.6M50xas long as short
Variational Omni PEOPLElong−0.0044%8h0.009245long leg$7K$3K
KuCoin PEOPLEUSDTM+0.0030%8h0.009236−0.096%$660K$160K50xas long as short
Bybit PEOPLEUSDT+0.0083%8h0.009227−0.193%$1.7M$2.7M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009244−0.010%$438K$331K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009247+0.027%$11K$94K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009241−0.042%$5.7M$17.9M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009238−0.074%$3.4M$9.4M20xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009248+0.034%$703K$313K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009239−0.064%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009239−0.064%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009243−0.020%$44K$50K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009244−0.013%$1855xas long as short
BloFin PEOPLE-USDTshort+0.0120%8h0.009239−0.064%$359K$104K50x