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+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h +0.019%
Price spread now: Bybit against Variational Omni−0.008%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 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009279−0.0014get 0.0014% / 8h4h 16m$6K$2K
ShortBybit PEOPLEUSDT0.0092780.0081get 0.0081% / 8h4h 16m$1.7M$2.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$20.02
Price spread: −0.008% → 0.000%
−$0.84
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$8.18
Costs to cover
0.110%
Break-even
4.1 days
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago1.62 bp27.9 bp −$2863.4 bp −$634doesn'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−0.0882%1h0.009285+0.063%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0147%8h0.009288+0.099%$740K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0020%8h0.009282+0.035%$660K$151K50xas long as short
Variational Omni PEOPLElong−0.0014%8h0.009279long leg$6K$2K
OKX PEOPLE-USDT-SWAP+0.0080%8h0.009280+0.013%$3.3M$8.9M20xas long as short
Bybit PEOPLEUSDTshort+0.0081%8h0.009278−0.008%$1.7M$2.4M50x
MEXC PEOPLE_USDT+0.0083%8h0.009279+0.002%$689K$301K200xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009287+0.089%$457K$249K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009293+0.153%$5K$84K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009290+0.120%$5.7M$16.7M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009282+0.035%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009280+0.013%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009281+0.024%$44K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009292+0.138%$1865xas long as short
BloFin PEOPLE-USDT+0.0122%8h0.009287+0.089%$355K$100K50xas long as short