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+0.0121%/8h= +13.2% APRnext payment +$1.21 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against Variational Omni+0.211%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 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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.211% dearer against Variational Omni than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009308−0.0021get 0.0021% / 8h8m 16s$6K$5K
ShortGate PEOPLE_USDT0.0093280.0100get 0.0100% / 8h8m 16s$787K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$25.35
Price spread: +0.211% → 0.000%
$21.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$31.47
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago8.03 bp31.7 bp −$32170.8 bp −$1,708doesn'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−0.0426%1h0.009305−0.037%$36K$48K10xas long as short
Variational Omni PEOPLElong−0.0021%8h0.009308long leg$6K$5K
OKX PEOPLE-USDT-SWAP+0.0078%8h0.009304−0.047%$3.4M$9.7M20xas long as short
MEXC PEOPLE_USDT+0.0081%8h0.009305−0.036%$700K$326K200xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009303−0.057%$1.7M$2.8M50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009308−0.004%$440K$337K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009314+0.060%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009315+0.072%$5.7M$18.7M50xas long as short
Gate PEOPLE_USDTshort+0.0100%8h0.009328+0.211%$787K$1.7M50x
KuCoin PEOPLEUSDTM+0.0100%8h0.009317+0.093%$671K$165K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009318+0.104%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009311+0.029%$10.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009316+0.082%$44K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009308+0.001%$1875xas long as short
BloFin PEOPLE-USDT+0.0125%8h0.009322+0.147%$353K$111K50xas long as short