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+0.0128%/8h= +14.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.019%
Price spread now: OKX against Variational Omni−0.035%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. OKX is 0.035% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PEOPLE0.009318−0.0043get 0.0043% / 8h3h 06m$7K$3K
ShortOKX PEOPLE-USDT-SWAP0.0093150.0085get 0.0085% / 8h3h 06m$3.4M$9.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$26.85
Price spread: −0.035% → 0.000%
−$3.52
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$13.33
Costs to cover
0.100%
Break-even
3.5 days
Slippage unknown: Variational Omni: no order-book sample; OKX: 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 OKX live order book, 1 min ago2.69 bp19.0 bp −$1943.5 bp −$435doesn'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−0.0399%1h0.009290−0.302%$36K$47K10xas long as short
Gate PEOPLE_USDT−0.0173%8h0.009307−0.121%$715K$1.6M50xas long as short
Variational Omni PEOPLElong−0.0043%8h0.009318long leg$7K$3K
KuCoin PEOPLEUSDTM+0.0007%8h0.009291−0.293%$664K$159K50xas long as short
BloFin PEOPLE-USDT+0.0075%8h0.009306−0.132%$361K$104K50xas long as short
MEXC PEOPLE_USDT+0.0083%8h0.009298−0.218%$697K$314K200xas long as short
Bybit PEOPLEUSDT+0.0083%8h0.009308−0.110%$1.7M$2.7M50xas long as short
OKX PEOPLE-USDT-SWAPshort+0.0085%8h0.009315−0.035%$3.4M$9.4M20x
Hyperliquid PEOPLE+0.0100%1h0.009306−0.132%$485K$283K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009290−0.308%$9K$92K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PEOPLEUSDT+0.0100%8h0.009313−0.055%$5.8M$17.8M50xas long as short
Bitget PEOPLEUSDT+0.0100%8h0.009313−0.057%$1.8M$1.3M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009306−0.132%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009292−0.282%$44K$50K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009306−0.130%$1865xas long as short