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+0.0362%/8h= +39.7% APRnext payment +$3.62 per $10,000 · paid last 24h −0.032%
Price spread now: Variational Omni against Gate+0.136%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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Variational Omni is 0.136% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PEOPLE_USDT0.009183−0.0403get 0.0403% / 8h7h 30m$770K$1.7M50x
ShortVariational Omni PEOPLE0.009195−0.0041pay 0.0041% / 8h7h 30m$5K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
$76.05
Price spread: +0.136% → 0.000%
$13.59
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$74.64
Costs to cover
0.150%
Break-even
0.1 days
Slippage unknown: Gate: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago9.24 bp28.8 bp −$29154.2 bp −$1,542doesn't fitdoesn'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 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−0.1149%1h0.009181−0.024%$36K$48K10xas long as short
Gate PEOPLE_USDTlong−0.0403%8h0.009183long leg$770K$1.7M50x
Bybit PEOPLEUSDT−0.0103%8h0.009182−0.011%$1.7M$2.8M50xas long as short
Variational Omni PEOPLEshort−0.0041%8h0.009195+0.136%$5K$5K
MEXC PEOPLE_USDT+0.0046%8h0.009178−0.054%$695K$328K200xas long as short
OKX PEOPLE-USDT-SWAP+0.0047%8h0.009186+0.033%$3.4M$9.4M20xas long as short
Hyperliquid PEOPLE+0.0100%1h0.009180−0.033%$431K$346K3xas long as short
Aster PEOPLEUSDT+0.0100%8h0.009184+0.011%$11K$95K5xas long as short
Binance PEOPLEUSDT+0.0100%8h0.009184+0.016%$5.6M$18.5M50xas long as short
KuCoin PEOPLEUSDTM+0.0100%8h0.009169−0.152%$661K$165K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEOPLEUSDT+0.0100%8h0.009182−0.011%$1.8M$1.4M50xas long as short
BingX PEOPLE-USDT+0.0100%8h0.009180−0.033%$10.7Mas long as short
HTX PEOPLE-USDT+0.0100%8h0.009180−0.033%$43K$51K50xas long as short
Extended PEOPLE-USD+0.0104%1h0.009181−0.016%$1845xas long as short
BloFin PEOPLE-USDT+0.0130%8h0.009202+0.207%$352K$111K50xas long as short