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+0.0099%/8h= +10.9% APRnext payment +$0.99 per $10,000 · paid last 24h +0.019%
Price spread now: MEXC against Variational Omni+0.527%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 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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.527% dearer against Variational Omni than usual: you sell high and buy low: +$53 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009171−0.0028get 0.0028% / 8h5h 03m$6K$2K
ShortMEXC PEOPLE_USDT0.0092190.0071get 0.0071% / 8h5h 03m$689K$302K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$20.87
Price spread: +0.527% → 0.000%
$52.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$69.53
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 52 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 MEXC live order book, 52 min ago1.63 bp13.6 bp −$1434.4 bp −$344246.7 bp −$24.7K488.3 bp −$244.2K
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−0.1079%1h0.009214+0.470%$35K$46K10xas long as short
Gate PEOPLE_USDT−0.0517%8h0.009221+0.548%$738K$1.5M50xas long as short
KuCoin PEOPLEUSDTM−0.0064%8h0.009191+0.221%$668K$146K50xas long as short
Variational Omni PEOPLElong−0.0028%8h0.009171long leg$6K$2K
Bybit PEOPLEUSDT+0.0030%8h0.009216+0.494%$1.7M$2.4M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0069%8h0.009219+0.527%$3.3M$8.7M20xas long as short
MEXC PEOPLE_USDTshort+0.0071%8h0.009219+0.527%$689K$302K200x
Hyperliquid PEOPLE+0.0100%1h0.009220+0.537%$427K$223K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009209+0.414%$10K$79K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009228+0.621%$5.7M$16.4M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009223+0.570%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009218+0.516%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009221+0.548%$43K$53K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009222+0.557%$1855xas long as short
BloFin PEOPLE-USDT+0.0110%8h0.009224+0.581%$357K$97K50xas long as short