PEOPLE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.030%

Price spread now: Variational Omni against Bybit+0.230%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.230% dearer against Bybit than usual: you sell high and buy low (spread +0.230% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PEOPLEUSDT	0.009073	−0.0035	get 0.0035% / 8h	5h 27m	$1.7M	$2.7M	50x
Short	Variational Omni PEOPLE	0.009094	−0.0056	pay 0.0056% / 8h	5h 27m	$5K	$5K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now +0.230%Rate

Funding earned: −$4.59
Price spread: +0.230% → 0.000%: $22.99
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $7.4
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 2 min ago	0.55 bp	22.9 bp −$23	70.7 bp −$707	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PEOPLEUSD	−0.0710%	1h	0.009078	+0.052%	$35K	$47K	10x	as long as short
Variational Omni PEOPLEshort	−0.0056%	8h	0.009094	+0.230%	$5K	$5K	—
Bybit PEOPLEUSDTlong	−0.0035%	8h	0.009073	long leg	$1.7M	$2.7M	50x
BloFin PEOPLE-USDT	+0.0087%	8h	0.009061	−0.132%	$349K	$107K	50x	as long as short
Hyperliquid PEOPLE	+0.0100%	1h	0.009068	−0.055%	$430K	$322K	3x	as long as short
Aster PEOPLEUSDT	+0.0100%	8h	0.009069	−0.044%	$11K	$76K	5x	as long as short
Binance PEOPLEUSDT	+0.0100%	8h	0.009070	−0.033%	$5.6M	$17.1M	50x	as long as short
OKX PEOPLE-USDT-SWAP	+0.0100%	8h	0.009064	−0.099%	$3.3M	$8.9M	20x	as long as short
Gate PEOPLE_USDT	+0.0100%	8h	0.009071	−0.022%	$754K	$1.6M	50x	as long as short
MEXC PEOPLE_USDT	+0.0100%	8h	0.009071	−0.022%	$680K	$335K	200x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin PEOPLEUSDTM	+0.0100%	8h	0.009069	−0.044%	$672K	$145K	50x	as long as short
Bitget PEOPLEUSDT	+0.0100%	8h	0.009077	+0.044%	$1.8M	$1.3M	50x	as long as short
BingX PEOPLE-USDT	+0.0100%	8h	0.009063	−0.110%	—	$12.4M	—	as long as short
HTX PEOPLE-USDT	+0.0100%	8h	0.009067	−0.066%	$43K	$43K	50x	as long as short
Extended PEOPLE-USD	+0.0104%	1h	0.009068	−0.053%	$182	—	5x	as long as short