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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0172%/8h= +18.8% APRnext payment +$1.72 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Variational Omni−0.023%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. KuCoin is 0.023% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009187−0.0072get 0.0072% / 8h5h 44m$5K$5K
ShortKuCoin PEOPLEUSDTM0.0091850.0100get 0.0100% / 8h5h 44m$666K$137K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$36.03
Price spread: −0.023% → 0.000%
−$2.35
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$21.68
Costs to cover
0.120%
Break-even
2.8 days
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 61 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 KuCoin live order book, 61 min ago13.06 bp32.1 bp −$32966.9 bp −$9,669doesn'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 exchanges

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−0.0702%1h0.009190+0.031%$36K$47K10xas long as short
Bybit PEOPLEUSDT−0.0118%8h0.009185−0.023%$1.7M$2.6M50xas long as short
Variational Omni PEOPLElong−0.0072%8h0.009187long leg$5K$5K
BloFin PEOPLE-USDT+0.0080%8h0.009195+0.085%$353K$108K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009190+0.031%$435K$320K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009192+0.053%$11K$76K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009195+0.082%$5.7M$16.9M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009189+0.020%$3.4M$9.0M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009199+0.129%$771K$1.6M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009188+0.009%$694K$325K200xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEOPLEUSDTMshort+0.0100%8h0.009185−0.023%$666K$137K50x
Bitget PEOPLEUSDT+0.0100%8h0.009194+0.074%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009190+0.031%$12.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009204+0.183%$43K$42K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009193+0.066%$1845xas long as short