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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0163%/8h= +17.8% APRpaid last 24h +0.009%
Price spread now: Extended against Variational Omni−0.144%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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.144% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.144% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 3.0 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009146−0.0059get 0.0059% / 8h1h 46m$6K$4K
ShortExtended PEOPLE-USD0.0091330.0104get 0.0013% / 1h46m 13s$1835x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$34.18
Price spread: −0.144% → 0.000%
−$14.44
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$14.74
Costs to cover
0.050%
Break-even
4.0 days
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample
Sell Extended no order-book sample
Variational Omni and 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−0.1239%1h0.009136−0.105%$35K$45K10xas long as short
KuCoin PEOPLEUSDTM−0.0149%8h0.009119−0.292%$651K$123K50xas long as short
Variational Omni PEOPLElong−0.0059%8h0.009146long leg$6K$4K
Hyperliquid PEOPLE+0.0100%1h0.009137−0.095%$424K$212K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009137−0.096%$8K$75K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009140−0.058%$5.5M$15.1M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009132−0.150%$1.6M$2.1M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009136−0.106%$3.3M$8.4M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009141−0.052%$768K$1.4M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009124−0.238%$671K$302K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009127−0.205%$1.6M$1.1M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009130−0.172%$5.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009129−0.183%$44K$51K50xas long as short
Extended PEOPLE-USDshort+0.0104%1h0.009133−0.144%$1835x
BloFin PEOPLE-USDT+0.0128%8h0.009134−0.128%$348K$84K50xas long as short