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

PEOPLE

all PEOPLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0130%/8h= −14.3% APRpaid last 24h −0.020%
Price spread now: Variational Omni against Extended+0.142%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 airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.142% dearer against Extended than usual: you sell high and buy low (spread +0.142% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PEOPLE-USD0.0093010.0104pay 0.0013% / 1h54m 00s$1875x
ShortVariational Omni PEOPLE0.009314−0.0026pay 0.0026% / 8h1h 54m$6K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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
−$27.4
Price spread: +0.142% → 0.000%
$14.24
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.17
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Variational Omni no order-book sample
Extended and 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−0.0458%1h0.009297−0.036%$36K$48K10xas long as short
Variational Omni PEOPLEshort−0.0026%8h0.009314+0.142%$6K$5K
KuCoin PEOPLEUSDTM+0.0091%8h0.009302+0.015%$676K$163K50xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009307+0.068%$442K$329K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009307+0.074%$11K$96K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009316+0.165%$5.7M$18.4M50xas long as short
Bybit PEOPLEUSDT+0.0100%8h0.009310+0.101%$1.7M$2.8M50xas long as short
OKX PEOPLE-USDT-SWAP+0.0100%8h0.009316+0.165%$3.4M$9.6M20xas long as short
Gate PEOPLE_USDT+0.0100%8h0.009315+0.155%$779K$1.7M50xas long as short
MEXC PEOPLE_USDT+0.0100%8h0.009299−0.018%$727K$318K200xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009314+0.144%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009311+0.111%$7.5Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009310+0.101%$44K$51K50xas long as short
Extended PEOPLE-USDlong+0.0104%1h0.009301long leg$1875x
BloFin PEOPLE-USDT+0.0119%8h0.009312+0.122%$353K$107K50xas long as short